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3650 Meadowlark Way
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 |
|---|---|---|---|
| Sep 26, 2026 | Listed by TruDeals Realty, LLC | $689,000 | |
| Listed by TruDeals Realty, LLC | |||
| Aug 13, 2026 | Price Decreased |
$689,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$694,000
↓ $6K
(0.9%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by TRUDEALS REALTY CORP | $700,000 | |
| Listed by TRUDEALS REALTY CORP | |||
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Welcome to 3650 Meadowlark Way, a stunning custom-built home located in the highly desirable Carriage Gate community of Melbourne. Situated on an expansive half-acre lot, this exceptional property offers the perfect combination of privacy, space, and elegant living, surrounded by mature landscaping and a tranquil wooded backdrop.
Step inside and be greeted by dramatic 12 ft. ceilings as well as elegant wood look flooring throughout the entire home (no carpet) and an open, airy floor plan designed for both comfortable everyday living and effortless entertaining. The spacious formal living and dining rooms provide an elegant setting for gatherings, while large windows fill the home with natural light.
The well-appointed kitchen is the heart of the home, featuring beautiful 42-inch white cabinetry with crown molding, high end granite surfaces with custom designed backsplash, stainless steel appliances, a convenient breakfast bar, pantry, and a sunny breakfast nook perfect for casual dining. The open layout seamlessly connects the kitchen to the main living areas, creating an inviting atmosphere for family and friends.
Retreat to the spacious primary suite, complete with sliding glass doors overlooking the private wooded setting. The luxurious primary bathroom offers dual vanities, separate his-and-her closets, a tiled walk-in shower, and a relaxing soaking tub, creating a true owner's retreat.
With four additional bedrooms, this home provides plenty of flexible space for family, guests, home offices, fitness rooms, or hobbies. The thoughtful layout offers room for everyone while maintaining privacy and comfort throughout.
Step outside to the screened porch, outdoor paver patio with custom built fireplace and enjoy peaceful mornings or relaxing evenings overlooking the large backyard and serene wooded surroundings. The oversized half-acre lot provides ample space for outdoor activities, gardening, or future customization while maintaining exceptional privacy.
Additional features include a spacious three-car garage, abundant storage, and a low HOA fee of approximately $50 per month, new a/c 2020, new roof 2023, new irrigation pump 2024.
Conveniently located near top-rated schools, shopping, dining, parks, golf courses, and major roadways, this home offers easy access to everything Melbourne and Florida's Space Coast have to offer. Nearby activities include beautiful Atlantic beaches, boating, fishing, kayaking, nature preserves, Brevard Zoo, championship golf courses, and the area's renowned aerospace and technology corridor.
Don't miss this rare opportunity to own a custom-built home on a private half-acre lot in one of Melbourne's most desirable communities. Schedule your private showing today!
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| Jun 29, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017