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Map
6939 Mcgrady Drive
About This Property
Additional highlights include:
" Two-car attached garage with epoxy flooring and paver driveway
" Freshly painted interior and exterior (2025)
" New roof (2021)
" New ceiling fans throughout
" New coach and front porch lighting
" Convenient in-home laundry with washer & dryer included
" Lawn care provided by the HOA
" Manned gated entrance for privacy and security
Heritage Isle residents enjoy resort-style amenities including a grand clubhouse with restaurant and bar, heated pool and spa, fitness center, tennis, pickleball, theater, walking paths, and more- all just minutes from premier shopping, dining, healthcare, and everything we love about the Space Coast lifestyle.
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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 |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| May 3, 2026 | Price Decreased |
$425,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Apr 10, 2026 | Price Decreased |
$429,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Decreased |
$435,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017