22
Map
844 Cardinal Avenue
About This Property
Check out this two bedroom Home on 50 x 125' lot move in ready/Spacious Master suite with large closet & bath/Open floor plans versatile to many layouts/ Front Covered Deck entryway as well as deck off of kitchen/New Refridgerator-A/C 20180-New roof 2019/Two sets of front bedroom windows, make it light and airy and helps bring the outdoors/Locations so convenient, you may not need a car walk -to Thrifty Specialty produce, and meats Rockledge animal clinic/Department stores,library ice cream, and dining options/For Safety & Security Rockledge Police Dept only 1.4 mi.away/Rockledge Fire Dept only 3 blocks away.
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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 24, 2026 | Sold | ||
| Sold | |||
| Jul 12, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Relisted | $165,000 | |
| Relisted | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed by Posey & Co | $165,000 | |
| Listed by Posey & Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017