4825 Madras Drive NW
About This Property
Inside, soaring 9'4'' ceilings and upgraded custom interior paint enhance the open layout. Durable 6x36 plank ceramic tile flooring extends through the main living areas with carpet in the bedrooms, while cordless blinds and upgraded door hardware provide a polished finishing touch throughout the home.
The main living space unfolds into a bright and spacious great room featuring additional windows and flush mount LED lighting that fill the home with natural light. The kitchen serves as the heart of the home with granite countertops, Shaker cabinets, stainless steel appliances, a large center island, and a generous pantry. The layout flows naturally into the dining nook and great room, creating a seamless setting for everyday living and entertaining.
Sliding doors lead to the extended screened lanai, providing a comfortable outdoor living space to relax and enjoy the Florida lifestyle.
Beyond the main living areas, the bedroom wing provides privacy and functionality. Two secondary bedrooms share a full bath with a tub and shower combination, creating a comfortable space for guests or additional household members.
Privately positioned at the rear of the home, the primary suite provides a peaceful retreat with a walk-in closet and a well-appointed bath featuring a dual vanity, linen closet, and glass-enclosed walk-in shower.
A conveniently located laundry room sits just behind the kitchen with direct access to the two-car garage, enhancing the home's efficient layout.
Living in Malabar Springs means enjoying community amenities designed for both relaxation and recreation, including a resort-style pool, cabana, playground, open green spaces, scenic ponds, and walking areas throughout the neighborhood. Outdoor recreation at Fred Poppe Regional Park is nearby, along with nature trails at Three Forks Conservation Area and convenient shopping and dining along Malabar Road.
This home also includes a built-in Smart Home Package with a Ring Video Doorbell, smart thermostat, keyless entry smart door lock, and Deako smart switches for added convenience and peace of mind. A full builder warranty completes the Drexel, providing lasting confidence in a home designed for today's lifestyle.
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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 26, 2026 | Price Decreased |
$374,900
↓ $21K
(5.3%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed by New Home Star Florida LLC | $395,900 | |
| Listed by New Home Star Florida LLC | |||
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About Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017