37
Map
1123 Hermosa Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$265,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Aug 19, 2025 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jun 5, 2025 | Listed by RISE Realty Services | $280,000 | |
| Listed by RISE Realty Services | |||
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***Up to 1% buy down rate approved with preferred lender***
Welcome to your private retreat in the heart of Rockledge! Tucked away on a quiet dead-end street and just minutes from I-95, this beautifully maintained 3-bedroom, 2-bath home offers peace, privacy, and convenience all in one.
Step inside to discover updated bathrooms and a spacious, open layout perfect for comfortable living. The large laundry room located indoors off the kitchen offers extra storage and functionality, while the newer AC keeps the entire home cool year-round.
Enjoy Florida living at its best with a screened-in back porch that opens up to a serene backyard view—no rear neighbors, just the calming sight of mature trees. Whether you're sipping your morning coffee or hosting a barbecue, this outdoor space is perfect for relaxing or entertaining.
Don't miss your chance to own a move-in-ready home in a quiet, desirable location close to shopping, dining, and easy highway access.
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About Kings Grant
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$2,350 /mo
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$2,190 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017