$225,000
●
Condo -
Off Market
4087 Meander Place #104
Rockledge, FL 32955
3 Beds
2 Baths
1,354 Ft²
$1,698
Est. Monthly
$287
HOA / Fees
9.50%
Cap Rate
About This Property
Welcome to your FIRST-FLOOR condo! This Move-In Ready unit has a
stunning upgraded kitchen with 42'' upper cabinets, new luxury
vinyl plank flooring, & new appliances including a refrigerator,
dishwasher & garbage disposal. Additional features include new
blinds, a stylish bathroom vanity, & updated light fixtures
throughout. The A/C unit was replaced in 2020 and the hot water
tank is brand new as of 2024, ensuring efficient, worry-free
living. Step outside to your screened-in porch to enjoy the serene,
private view of the preserve. Safety and convenience are
prioritized with hurricane shutters and an epoxy-coated garage
door. The community handles all exterior maintenance, allowing you
to relax and enjoy the amenities, including a refreshing pool and a
fun playground.
Zoned for excellent schools. Conveniently located close to all that Viera has to offer, including shopping, dining, and entertainment. Don't miss out on this exceptional opportunity to make this condo your new home!
Zoned for excellent schools. Conveniently located close to all that Viera has to offer, including shopping, dining, and entertainment. Don't miss out on this exceptional opportunity to make this condo your new home!
Unit Size
1,354 Ft²
Days on Market
31 days
Land Size
0.03 acres
Price per sqft
$185
Property Type
Condo
Property Taxes
$183
HOA Dues
$287
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Space Coast MLS #1018754)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Decreased |
$250,000
↓ $29K
(10.4%) | |
| Price Decreased | |||
| Jul 5, 2024 | Listed by Keller Williams Realty Brevard | $279,000 | |
| Listed by Keller Williams Realty Brevard | |||
| Feb 13, 2015 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Walk-In Closet(s), Primary Bathroom - Tub with Shower
Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Tile, Vinyl
Laundry Features: In Unit
Exterior Details
Has Property Attached
Square Footage: 1354
Square Footage Source: $0
Security Features: Security Gate
Year Built: 2007
Levels: One
Construction Materials: Frame, Stucco
Patio and Porch Features: Rear Porch, Screened
Pool Features: In Ground
Pool is Private
Lot Features: Other
Lot Size Area: 0.03
Lot Size Units: Acres
Lot Size Acres: 0.03
Lot Size Square Feet: 1307
Water Source: Public
Financial Details
Tax Annual Amount: $2,202
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Other
HOA/Condo/Coop Amenities: Gated, Maintenance Grounds, Maintenance Structure, Playground, Pool
HOA Fee: $287
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/13/2024
|
3 Bed
|
2 Bath
|
1354 ft²
|
$239,000
3 Bed
2 Bath
1354 ft²
|
$225,000
-5.86%
02/21/2025
|
Monica McKune
Keller Williams Realty Brevard
| |
|
07/05/2024
|
3 Bed
|
2 Bath
|
1473 ft²
|
$250,000
3 Bed
2 Bath
1473 ft²
|
$210,000
-16.00%
09/03/2024
|
Monica McKune
Keller Williams Realty Brevard
| |
|
07/05/2024
|
3 Bed
|
2 Bath
|
1354 ft²
|
$279,000
3 Bed
2 Bath
1354 ft²
|
$225,000
-19.35%
08/05/2024
|
Monica McKune
Keller Williams Realty Brevard
| |
|
08/12/2020
|
2 Bed
|
2 Bath
|
1079 ft²
|
$175,000
2 Bed
2 Bath
1079 ft²
|
$168,000
-4.00%
10/05/2020
|
Aida Teague
Keller Williams - Melbourne
| |
|
10/23/2018
|
2 Bed
|
2 Bath
|
-
|
$169,000
2 Bed
2 Bath
|
$165,500
-2.07%
01/15/2019
|
Charlotte Abruzzo
Florida Homes Rlty. & Mtg. LLC
| |
|
09/17/2018
|
3 Bed
|
2 Bath
|
1346 ft²
|
-
3 Bed
2 Bath
1346 ft²
|
-
-
|
-
| |
|
02/07/2017
|
2 Bed
|
2 Bath
|
-
|
$147,900
2 Bed
2 Bath
|
$144,000
-2.64%
04/17/2017
|
Nicole Grammer
RE/MAX Absolute Service Team
| |
|
02/02/2017
|
3 Bed
|
2 Bath
|
1473 ft²
|
$165,300
3 Bed
2 Bath
1473 ft²
|
$160,000
-3.21%
05/30/2017
|
Ana Beckner
RE/MAX Elite
| |
|
05/26/2016
|
2 Bed
|
2 Bath
|
1079 ft²
|
$129,900
2 Bed
2 Bath
1079 ft²
|
$123,000
-5.31%
06/17/2016
|
Lauri Dezsa Toth
RE/MAX Aerospace Realty, Inc
| |
|
01/06/2015
|
3 Bed
|
2 Bath
|
1354 ft²
|
$116,500
3 Bed
2 Bath
1354 ft²
|
$112,700
-3.26%
02/13/2015
|
Mitch Ribak
Tropical Realty Beachside
| |
|
10/17/2014
|
3 Bed
|
2 Bath
|
-
|
$120,000
3 Bed
2 Bath
|
$76,500
-36.25%
04/02/2015
|
Melissa Labrie
CENTURY 21 Baytree Realty
|
Building Info
About Rockledge
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Listed by: Monica McKune, Keller Williams Realty Brevard
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1018754
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1018754
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