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2829 Matthew Drive
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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 14, 2026 | Price Decreased |
$339,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Aug 10, 2026 | Listed by Blue Marlin Real Estate | $349,900 | |
| Listed by Blue Marlin Real Estate | |||
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by RE/MAX Aerospace Realty | $150,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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HIGHEST AND BEST DUE BY 2/16/26 1PM BRING YOUR IMAGINATION! Located in the heart of Rockledge- Silver Pine Estates. 3 bedrooms, 1 and a half bathrooms, formal living room, nice, bright kitchen and over 1000 square feet. Built in shelving, separate laundry room, sliding doors lead to Florida room. Nice size yard. This one is perfect for investors or someone who wants to live in the home and renovate it. Close to Viera, shopping, great restaurants, schools, Orlando, the interstate and BEACHES!
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About Silver Pines Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017