425 Carriage Road
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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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by Blue Marlin Real Estate | $675,000 | |
| Listed by Blue Marlin Real Estate | |||
| | |||
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NO CAST IRON! With a 2021 ROOF and OVER $80,000 in upgrades, this Satellite Beach pool home is a true standout! The seller has taken care of EVERY DETAIL, so you can simply move in and enjoy.
The outdoor space has been transformed into a private oasis with a repaved pool area, patio, and walkway ($20,200), enhanced by upgraded landscaping ($10,000) and a deep saltwater pool. Inside, the enclosed Florida room—updated with hurricane impact windows and new French doors (2023)—adds 320 sq. ft. of under-air living space.
Additional updates include a brand-new AC/HVAC system (2024), remodeled bathrooms (2019), and tile flooring replacing carpet in bedrooms (2023). All windows and the garage door are hurricane impact-rated. Other upgrades: custom blinds, plumbing/electrical enhancements, a new pool pump, sprinkler pump, and fresh paint.
Near the beach & A-rated schools, this home offers the ultimate in comfort, convenience, and coastal living.
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| Dec 3, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2021 | Listed by Grand Star Realty of Brevard | $659,000 | |
| Listed by Grand Star Realty of Brevard | |||
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About Carriage Park
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Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 919382
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017