108 Grace Avenue
About This Property
Fenced yard, metal roof installed in 2022. Aluminum siding on concrete construction.
New central heat and air in 2022
Recently updated with Luxury Vinyl Plank flooring,
Freshly painted,
No HOA .
Large fenced yard for gardening or pets.
Close to Cocoa Village I-95 and Orlando International Airport, Disney, Kennedy Space Center,
Cocoa Beach and Indian River.
Room for Rv or boat.
Come enjoy the Florida lifestyle in this darling Cottage style home.
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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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Price Increased |
$159,000
↑ $10K
(6.7%) | |
| Price Increased | |||
| Apr 2, 2025 | Listed by The Mortgage Project, Inc | $149,000 | |
| Listed by The Mortgage Project, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017