3685 Grand Meadows Boulevard
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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 19, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Relisted | $375,000 | |
| Relisted | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Listed by Blue Marlin Real Estate | $350,000 | |
| Listed by Blue Marlin Real Estate | |||
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Welcome to this spacious and inviting 3-bedroom, 2-bath residence with a versatile flex room in Baymeadows of Melbourne. Featuring 1902 sq ft of living space, this home offers an open concept design perfect for entertaining, daily comfort, or working from home. Beautifully updated in 2019 with a new roof, windows, granite countertops and stylish features, it blends charm with value. Enjoy relaxing on the screened lanai or take a short stroll to the community pool and playground. Enjoy all the convenience of the Space Coast while residing in a quiet, well-managed neighborhood. Centrally located near Eastern Florida State College, the King Center, Starbucks, Viera's shops and dining, and beaches—this home offers both convenience and potential. With a little TLC, it's ready to shine! *subject to short sale approval.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017