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1845 Hidden Lake Drive
About This Property
Enjoy a gas-heated pool and spa, illuminated basketball court, fire pit, screened porch, and mature tropical landscaping, all bordered by a privately owned 25-acre pasture for added privacy. Inside, you'll find an updated kitchen, remodeled bathrooms, custom trim and woodwork, and a wood-burning fireplace.
Major updates include a 2022 roof, 2022 Trane A/C and air handler, PGT hurricane-impact Energy Star-rated windows, and a hurricane-rated insulated garage door.
With plenty of room for a future garage, workshop, or guest space, this property offers the space and lifestyle that are hard to find in Rockledge--all just minutes from schools, Rockledge parks and recreation facilities, shopping, dining, and everyday conveniences.
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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 18, 2026 | Sold | ||
| Sold | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Aug 16, 2026 | Listed by Real Broker LLC | $780,000 | |
| Listed by Real Broker LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017