428 Rio Villa Boulevard
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 |
|---|---|---|---|
| Apr 9, 2026 | Sold | ||
| Sold | |||
| Mar 22, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Listed by One Sotheby's International | $889,000 | |
| Listed by One Sotheby's International | |||
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The last & newest home built in the coveted Rio Villa subdivision of Indialantic conveniently situated between the Melbourne and Eau Gallie causeways. Solid concrete block construction with impact glass windows, a sturdy, concrete tile roof, home generator, heavily insulated walls and attic, marble patio areas w/ cypress ceilings, natural gas range, hand scraped, hardwood floors, a split floor plan with an enormous primary suite with spa like bath and his and hers closets and many more quality features through out!
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| Apr 29, 2014 | Sold | ||
| Sold | |||
| Feb 28, 2014 | Listed by Florida Coastal Homes | $539,900 | |
| Listed by Florida Coastal Homes | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017