4116 Meander Place #203
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%.
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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 22, 2017 | Sold | ||
| Sold | |||
| Jun 6, 2017 | Listed by Ellingson Properties | $136,900 | |
| Listed by Ellingson Properties | |||
| |||
|
Light, bright and open floor plan!
2BR/2BTH condo in the gated, maintenance-free community of Jameson Pl. Low HOA also includes the community pool and play area. Enclosed, 1-car garage with remote control and keypad entry as well as laundry hook-up and storage located on the 1st floor. Upstairs living area has a vaulted ceiling in the spacious living room and dining area. Conveniently located with access to I-95, Melbourne and Orlando airports, hospitals, schools, shopping and dining. Unit is vacant with freshly cleaned carpets and paint. Just waiting for the next proud owner to enjoy everything that the area has to offer!
| |||
| Jan 28, 2014 | Sold | ||
| Sold | |||
| May 6, 2013 | Listed by Atlantic Real Estate Brokerage | $99,950 | |
| Listed by Atlantic Real Estate Brokerage | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/24/2020
|
2 Bed
|
2 Bath
|
1230 ft²
|
$169,700
2 Bed
2 Bath
1230 ft²
|
-
-
|
-
| |
|
12/07/2017
|
3 Bed
|
2 Bath
|
1354 ft²
|
$169,900
3 Bed
2 Bath
1354 ft²
|
$164,000
-3.47%
12/21/2017
|
Maureen G Harrell
Harrell Real Estate
| |
|
07/30/2017
|
3 Bed
|
2 Bath
|
1354 ft²
|
-
3 Bed
2 Bath
1354 ft²
|
-
-
|
-
| |
|
06/06/2017
|
2 Bed
|
2 Bath
|
1079 ft²
|
$136,900
2 Bed
2 Bath
1079 ft²
|
$133,000
-2.85%
06/22/2017
|
Gregory Ellingson
Ellingson Properties
| |
|
04/24/2017
|
3 Bed
|
2 Bath
|
1473 ft²
|
$164,900
3 Bed
2 Bath
1473 ft²
|
$165,000
+0.06%
06/16/2017
|
Denise Shockey
RE/MAX Aerospace Realty
| |
|
06/29/2016
|
3 Bed
|
2 Bath
|
1284 ft²
|
$115,000
3 Bed
2 Bath
1284 ft²
|
$114,250
-0.65%
08/16/2016
|
Rusty Melle
ITG REALTY
| |
|
05/01/2016
|
2 Bed
|
2 Bath
|
1230 ft²
|
$145,000
2 Bed
2 Bath
1230 ft²
|
$139,000
-4.14%
09/06/2016
|
Teresa Guerrieri
Brevard Realty Pro, LLC
| |
|
02/19/2016
|
3 Bed
|
2 Bath
|
1346 ft²
|
$142,500
3 Bed
2 Bath
1346 ft²
|
$140,000
-1.75%
04/11/2016
|
Bruce Kwitny
RE/MAX Solutions
| |
|
08/26/2013
|
2 Bed
|
2 Bath
|
1230 ft²
|
$109,900
2 Bed
2 Bath
1230 ft²
|
$104,750
-4.69%
12/20/2013
|
Garrett Bell
Denovo Realty
| |
|
05/06/2013
|
2 Bed
|
2 Bath
|
-
|
$99,950
2 Bed
2 Bath
|
$94,000
-5.95%
01/28/2014
|
Diane DeMeria
Atlantic Real Estate Brokerage
|
Building Info
About Rockledge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017