1234 Gordon Avenue
About This Property
The location is hard to beat. You're 5 minutes from I-95, 5 minutes from Cocoa Village, and 25 minutes from mulitple beaches, with shopping, daycares, parks, restaurants, medical, schools and dog parks all just minutes away. Perfect view to watch launches from your home. It's centrally located for everything you need.
This home comes ready to go with a widened driveway, fully fenced backyard that gives you real privacy, an enclosed lanai, and an enclosed front entrance. And don't overlook the solar panels. They'll take the sting out of those hot summer electric bills.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Listed by Avanti Way Realty LLC | $387,500 | |
| Listed by Avanti Way Realty LLC | |||
| Jun 9, 2023 | Sold | ||
| Sold | |||
| Mar 13, 2023 | Listed by D.R.Horton Realty of Melbourne | $357,230 | |
| Listed by D.R.Horton Realty of Melbourne | |||
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The Cali is a spacious ranch Floorplan offering 4 bedrooms, 2 full baths and a 2-car garage. Large kitchen island that overlooks the dining area and the living room creating an open concept living space. This home also has a large Owner's Suite with walk-in shower and a double vanity, large walk-in-closet and linen closet. Stainless Steel Appliances, Window Blinds and Home is Connected, America's Smart Home! Photos used for illustrative purposes and do not depict actual home.
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About Rockledge
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Last Updated: 17 days ago
Data Source: Space Coast MLS, MLS# 1085011
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017