2175 Rockledge 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 18, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Listed by RE/MAX Solutions | $1,495,000 | |
| Listed by RE/MAX Solutions | |||
| Jun 8, 2015 | Sold | ||
| Sold | |||
| Apr 15, 2014 | Listed by Heritage Realty of Florida | $675,000 | |
| Listed by Heritage Realty of Florida | |||
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Breathtaking River Views with Private Dock and Boat Lift! Located directly on highly sought-after Rockledge Drive, this home is situated on almost an acre with gorgeous panoramic views of the Indian River. Inside, the home has been recently remodeled to include a custom chef's kitchen, hardwood and tile floors, huge 3.5-car garage with workshop area and plenty of room for all the toys. Out back is a large screened-in pool area with summer kitchen overlooking the beautiful, private yard with manicured landscaping. Additional features include a balcony from the master suite, wood-burning fireplace, RV/boat parking, motorized hurricane shutters, generator and more! Call today to begin enjoying the true Florida lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017