94
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607 Rockledge Drive
About This Property
Set on nearly half an acre with 113 feet of Indian River frontage, the property captures the rhythm of Old Florida. Updated wavy-glass windows preserve the home's vintage soul while quietly adding strength and efficiency. In the kitchen, modern touches have been woven seamlessly into the home's original design, creating a space that feels both timeless and alive. Light spills easily into every room, softening edges and inviting you to linger Out front, a wide porch becomes the perfect theater for sunsets, dolphins slipping through the river, and rockets tracing arcs across the sky. The covered deep-water dock invites you to set out for a twilight cruise, or perhaps just to sit with the river and its endless horizon. And when you're ready for a different kind of gathering, Cocoa Village waits just down the street with its cafes, music, and easy charm.
This is more than a home. It is history preserved, comfort reimagined, and a riverfront life lived in full color.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Price Decreased |
$1,525,000
↓ $65K
(4.1%) | |
| Price Decreased | |||
| Jan 9, 2026 | Price Decreased |
$1,590,000
↓ $80K
(4.8%) | |
| Price Decreased | |||
| Sep 19, 2025 | Price Increased |
$1,670,000
↑ $71K
(4.4%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017