4087 Meander Place #208
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 3, 2024 | Sold | ||
| Sold | |||
| Jul 21, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Decreased |
$225,000
↓ $25K
(10%) | |
| Price Decreased | |||
| Jul 5, 2024 | Listed by Keller Williams Realty Brevard | $250,000 | |
| Listed by Keller Williams Realty Brevard | |||
| May 30, 2017 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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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$2,195 /mo
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- 1,495 ft²
$1,995 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017