2797 Mariah Drive
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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.
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 |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Apr 4, 2026 | Listed by Blackstone Realty of Brevard | $350,000 | |
| Listed by Blackstone Realty of Brevard | |||
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Charming 4-bedroom, 2-bath pool home with vaulted ceilings and an inviting split floor plan in a convenient Melbourne location. The bright kitchen offers abundant cabinet space, stainless steel appliances, and a breakfast nook overlooking the front yard. Spacious living areas open to an oversized screened pool enclosure featuring a tiled water feature, covered patio, and private fenced backyard--perfect for relaxing, entertaining, and enjoying Florida living year-round. The primary suite offers generous space and direct access to the pool area, while updated luxury vinyl plank flooring adds a fresh, modern feel in portions of the home. Major improvements include a 2017 roof, 2023 A/C, new A/C ductwork in 2020, and gas water heater in 2018. Conveniently located near shopping, dining, schools, major roadways, and just a short drive to beaches and everyday essentials.
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| Oct 25, 2018 | Sold | ||
| Sold | |||
| Sep 7, 2018 | Listed by Sell Florida Homes, Inc. | $259,999 | |
| Listed by Sell Florida Homes, Inc. | |||
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About Live Oak
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017