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1133 N Indian River Drive
About This Property
WOW!! This Property is 1.45 Acres with Private Access to the Stunning Indian River !
Value is in the Land on this one but if fixing up and redoing this charming home is your dream, go for it ! Bay window looks toward the river with potential water views from everywhere in the home !
Deep Lot with plenty of room for a pool, shed , toys etc. This property is sold AS IS . There will be no removal of anything. Call Frannie with any questions ! Do not walk out on to dock as some planks missing and is unsafe. Come build your dream home on one of the few parcels left with access to River !
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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 |
|---|---|---|---|
| Mar 27, 2023 | No longer available | - | |
| No longer available | |||
| Feb 25, 2023 | Listed by RE/MAX Solutions | $1,400,000 | |
| Listed by RE/MAX Solutions | |||
| | |||
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RARE FIND! Beautiful Direct Riverfront Homesite is just waiting for Your Dream Home! 1.45 Acres to work with and direct Indian River access. New dock and Coquina seawall. Walk, bike or drive to Historic Cocoa Village with quaint shops, excellent restaurants and the Historic Cocoa Village Playhouse. 15 minutes to Port Canaveral and the cruise ships, 10 minutes to World Famous Cocoa Beach and just 45 minutes to the Orlando International Airport.
| |||
| Mar 29, 2022 | Sold | ||
| Sold | |||
| Mar 2, 2022 | Listed by C. Apollo Realty Inc | $749,900 | |
| Listed by C. Apollo Realty Inc | |||
| Jul 30, 2021 | Sold | ||
| Sold | |||
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About Georgia Terrace
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Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 928421
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