3225 Murrell Road #4
About This Property
Discover this inviting 2-bedroom, 1-bath condominium designed for comfort and convenience. Located in a quiet, shady interior unit, this home offers easy accessibility with a bus stop at the entrance and close proximity to shopping, I-95, and US-1.
Features You'll Love:
Two designated parking spaces right at your entrance
Updated kitchen with modern cabinets, new countertops, stylish backsplash, garbage disposal, and new faucet
Tile flooring throughout for a clean, low-maintenance lifestyle
Private screened-in back patio plus a separate laundry room
Flexible utility options: natural gas or electric dryer hookup
Added privacy with a 6' vinyl fence
Recent upgrades include a new thermostat, exterior electrical receptacle, and spigot handles front and back.
The back also has a 6' vinyl fence for added privacy. Low HOA fees cover water, sewer, roof, exterior insurance, and grounds maintenance. This condo combines comfort, privacy, and convenience, perfect for anyone seeking a stress-free lifestyle in a prime location.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 19, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Listed by Coldwell Banker Realty | $140,000 | |
| Listed by Coldwell Banker Realty | |||
| Mar 31, 2017 | Sold | ||
| Sold | |||
| Mar 18, 2017 | Listed by Space Coast Realty & Inv. LLC | $49,500 | |
| Listed by Space Coast Realty & Inv. LLC | |||
| |||
|
PATIO VILLA AT MURRELL VILLAS WITH NEW CARPETS, QUIET SETTING WITH MATURE OAK TREES IN A SMALL COMPLEX OF 15 UNITS!!
INVESTORS WILL WANT TO KNOW ABOUT THIS CONDO WITH CONDO FEES INCLUDING CABLE, WATER/SEWER, TRASH, LAWN CARE, AND OUTSIDE MAINTENANCE INCLUDING ROOF! CONVENIENTLY LOCATED CLOSE TO SHOPPING AND PUBLIC TRANSPORTATION!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/06/2026
|
2 Bed
|
1 Bath
|
894 ft²
|
$140,000
2 Bed
1 Bath
894 ft²
|
$132,000
-5.71%
02/17/2026
|
Marla Sommers
Charles Rutenberg Realty
| |
|
01/05/2025
|
2 Bed
|
1 Bath
|
864 ft²
|
$148,000
2 Bed
1 Bath
864 ft²
|
$132,000
-10.81%
01/27/2025
|
Matthew Boucher
Waterman Real Estate, Inc.
| |
|
03/10/2022
|
2 Bed
|
1 Bath
|
864 ft²
|
$154,900
2 Bed
1 Bath
864 ft²
|
$149,000
-3.81%
04/12/2022
|
Pamela Durkin
Coconut Properties Fl Real Est
| |
|
03/21/2017
|
2 Bed
|
1 Bath
|
894 ft²
|
$59,900
2 Bed
1 Bath
894 ft²
|
$56,000
-6.51%
04/04/2017
|
Nabil Alfeikih
Surfside Properties & Mgmt.
| |
|
03/18/2017
|
2 Bed
|
1 Bath
|
894 ft²
|
$49,500
2 Bed
1 Bath
894 ft²
|
$56,000
+13.13%
03/31/2017
|
Donna Gianotti-Kelley
Space Coast Realty & Inv. LLC
| |
|
09/24/2015
|
2 Bed
|
1 Bath
|
894 ft²
|
$49,500
2 Bed
1 Bath
894 ft²
|
$47,500
-4.04%
11/30/2015
|
Matthew Boucher
Waterman Real Estate, Inc.
| |
|
10/19/2011
|
2 Bed
|
1 Bath
|
-
|
$49,900
2 Bed
1 Bath
|
$40,000
-19.84%
10/24/2012
|
John Lakeman
Robertson Realty & Mgt., Inc.
|
Building Info
About Rockledge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017