4440 Fay Boulevard
About This Property
Inside, an open-concept layout with vaulted ceilings in the living room and kitchen creates a bright, spacious atmosphere. The split-bedroom design offers added privacy, with the primary suite tucked away and featuring a walk-in closet. Clean finishes and meticulous upkeep make this home truly move-in ready.
Outside, enjoy a large, fully fenced backyard, ideal for relaxing, entertaining, or simply watching rocket launches from home. The updated patio, enclosed with both screens and vinyl windows, offers a comfortable year-round retreat.
Located in a well-established community near Challenger Elementary, Fay Park, and local conveniences, with quick access to I-95 and the Beachline. Spend weekends boating from the Port St. John launch, paddling the nearby Indian River, exploring the Merritt Island Wildlife Refuge, or heading to the beach. Close to Kennedy Space Center, SpaceX, Amazon, and major Space Coast employers, this home offers the perfect balance of community, convenience, and Florida living.
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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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Listed by Waterman Real Estate | $320,000 | |
| Listed by Waterman Real Estate | |||
| Jun 3, 2025 | Price Decreased |
$339,000
↓ $17K
(4.6%) | |
| Price Decreased | |||
| Apr 15, 2025 | Listed | $355,500 | |
| Listed | |||
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Beautifully maintained and impeccably cared for concrete block home offers the perfect blend of durability, comfort and modern style. A metal roof provides exceptional longevity, minimal maintenance, and savings on energy bills. Step inside to an open-concept layout featuring vaulted ceilings in the living room and kitchen, creating a bright and spacious atmosphere. The split-bedroom design offers added privacy, with the master suite tucked away for peace and quiet. The master bedroom includes a walk-in closet for extra storage. Move-in ready home boasts clean finishes and meticulous upkeep throughout. Outside, enjoy a large, fully fenced backyard-ideal for relaxing or entertaining. The updated patio , enclosed with both screens and vinyl windows, offers a peaceful retreat. Perfectly situated near the Space Center, schools, I-95, beaches, shopping and local sports fields. This home delivers convenient access to everything the Space Coast has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017