37 Valencia Road
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 2, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2025 | Price Decreased |
$379,000
↓ $16K
(4.1%) | |
| Price Decreased | |||
| Jan 20, 2025 | Listed by EXP Realty LLC | $395,000 | |
| Listed by EXP Realty LLC | |||
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Huge Price Reduction - Don't miss this One! Discover this well-maintained, rare vintage gem nestled in the Valencia Historic District of Old Rockledge just a 1/2 block to the scenic Indian River lagoon & the only public fishing pier in Old Rockledge, the Valencia Dock. This charming mid-century home offers a unique blend of history & comfort. Home features lovely Merritt Island pine floors throughout, adding warmth & character to the space. With 3 bedrooms and 1 1/2 baths, there's ample room for family and guests. The third bedroom is currently utilized as a cozy den. The large Florida room is bathed in natural light & boasts beautifully restored terrazzo floors—ideal for relaxation or entertaining. The fenced backyard is a lush, tropical oasis with an open patio paved with pavers, perfect for enjoying morning coffee or hosting outdoor barbecues. A storage shed & utility room with a large laundry tub & washer/dryer. Old Rockledge is a well traveled location for biking, walking, jogging and kayaking. You are within walking distance to a nearby cafe & coffee shop along Rockledge Dr. and just a few minute bike ride or drive to historic Cocoa Village, 20 minute drive to Cocoa Beach and 40 minutes to Orlando and attractions. Embrace the charm and convenience of living in a historic district with modern comforts and the allure of Florida's natural beauty. This vintage gem is a rare opportunity to experience a unique lifestyle in Old Rockledge.
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| Nov 2, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017