1206 Alamanda Lane
About This Property
Situated on a 0.21-acre corner lot in Cocoa, conveniently located near shopping, dining, and major roadways. Ideal for first-time buyers or anyone seeking a turnkey property. Conveniently located near schools and shopping centers.
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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 16, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| May 16, 2026 | Price Decreased |
$279,000
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Apr 16, 2026 | Price Decreased |
$280,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Mar 16, 2026 | Listed by Waterman Real Estate, Inc. | $285,000 | |
| Listed by Waterman Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017