104 W Leon Lane
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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%.
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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 18, 2025 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Feb 17, 2025 | Listed by Blue Marlin Real Estate | $750,000 | |
| Listed by Blue Marlin Real Estate | |||
| | |||
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Here is your opportunity to own this one of a kind property. Let's start with the resort style pool oasis offering 2 gazebos, a summer kitchen area, 2 firepits, bar area and so much more. This single family residence was built to serve as a multi generational home. Bring the whole family or if you're an investor looking for a cash cow with multiple different options from AirBNB, House Hacking, or live in it while your mortgage gets paid for by others then this could be the one for you. With all this flex space and a separate income producing studio the opportunities are endless. The walled in yard is fully muralled and surrounded with lush landscaping. Entering the main house its presented as an ocean disney theme with wood burning fireplace, living space and kitchen. This part of the house has 2 bedrooms and a full bath with laundry. French doors lead out to the screened in back porch. Flowing from the kitchen area you enter a kitchenette with studio bedroom, full bathroom and laundry hookup with a private back entrance. leaving the kitchen you enter another living quarters that offers a full kitchen and living room. This space also offers a large bedroom with 2 queen beds and a full bathroom plus laundry and a private back door off of the pool area. From the living area you'll notice doors leading into yet another studio space. This space offers a a king bed, couch and dining table as well as a full bathroom, kitchenette and laundry with a private side entrance. On the right of the home you have a single unit with a bedroom, kitchen, bathroom, living space and laundry. Also on the right you have water and electric hookups for an RV for family to stay. You will find some serenity in the private side yard with a few hammocks. Circular driveway with additional driveway wrapping the side of the home. Sitting on .33 acres there is more then enough room for everyone. Owner and creative financing available.
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| Feb 28, 2020 | Sold | ||
| Sold | |||
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About Cocoa Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017