409 Rockledge Drive
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 |
|---|---|---|---|
| Jun 24, 2026 | Listed by RE/MAX Aerospace Realty, Inc | $1,950,000 | |
| Listed by RE/MAX Aerospace Realty, Inc | |||
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SELLERS MOTIVATED! REDUCED 250K TO APPRAISAL PRICE!! RARE OPPORTUNITY FOR ONE-OF-A-KIND HISTORIC HOME BUILT IN 1937 set on 0.97 acres,this exceptional direct riverfront estate on prestigious Rockledge Drive is an extraordinary offering! Historic character blends w/ timeless, high-end finishes; Sweeping river views from eastern-facing windows & 2nd floor primary suite w/ coastal breezes. Boaters will appreciate the custom boathouse, 9,200-lb lift, h20, electric, & approx. 7-ft draw at the dock. Furnishings are negotiable; Too many updates/improvements to list--see supplement:Easy to show!
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| Jun 17, 2026 | Price Decreased |
$1,950,000
↓ $250K
(11.4%) | |
| Price Decreased | |||
| Apr 22, 2026 | Listed by RE/MAX Aerospace Realty | $2,200,000 | |
| Listed by RE/MAX Aerospace Realty | |||
| May 3, 2022 | Sold | ||
| Sold | |||
| Mar 11, 2022 | Listed by EXP Realty, LLC | $1,739,000 | |
| Listed by EXP Realty, LLC | |||
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RARE DEEP WATER INDIAN RIVER WATERFRONT PARADISE HOME!!! Prepare to fall in LOVE with this No expenses spared combination historic (updated but retained all the charm) & expanded cozy home with calming riverfront views throughout. The exquisite finishing carpentry in this home along with numerous roof lines make this an architectural dream home! Multiple Patio/Terraces to look out at the beautiful views of the river on approx.1 acre! The backyard boasts a spacious private park-like setting with a pool & spa and large covered patio. Featuring Private Deepwater Dock with 9200lb electric boat lift & Boathouse with 5-7FT DRAFT! Enjoy the ultimate Florida lifestyle in what has been said to be the NICEST PROPERTY in this area! Walk to Cocoa Village Restaurants, Shops, Theatre, Events & More!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017