24
Map
202 River Walk Drive
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Jan 4, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Listed by Denovo Realty | $735,000 | |
| Listed by Denovo Realty | |||
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Rare opportunity in highly desirable Melbourne Beach. This 4-bedroom, 2.5-bath pool home offers nearly 2,500 sq ft on over 1/3 acre with very low HOA and exclusive private beach access plus a community fishing pier. Solid fundamentals include a brick exterior, flat concrete tile roof, 2019 HVAC, updated ductwork (approx. 10 years), and a 2024 water heater. A large pavered side-entry driveway provides ample parking and functionality. Surrounded by million-dollar homes, this property presents a prime value-add opportunity—bring your vision, update to taste, and unlock immediate equity in one of the area's most sought-after coastal neighborhoods. Ideal for buyers seeking customization, strong upside, and long-term appreciation paired with true beachside living.
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| Oct 1, 2022 | No longer available | - | |
| No longer available | |||
| Aug 9, 2022 | Listed by Salt Water Realty of Brevard | $1,100,000 | |
| Listed by Salt Water Realty of Brevard | |||
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Beautiful and Big 4 BR. 2.5 Bath Pool Home Located in The Very Desirable ''River Walk By The Sea'' Community with Ocean and River access. 2 car garage, split bedroom plan, Huge Family room with a Wood Burning Fireplace. Huge Formal Living Room and Dining Room. Laundry Room. The Pool is large with a Salt Filtration System. All New A/C Duct work professionally installed. A Must See. The manager has listed the unit size as 2463 square feet.
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Riverwalk by The Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017