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Cocoa 32922 Indian Hill
1405 N Indian River Drive N
$630,000
● House - Off Market

1405 N Indian River Drive N

Cocoa, FL 32922
bedrooms
4 Beds
bathrooms
3 Baths
$997,459
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

This spacious home, and large waterfront property boasts 125ft of direct riverfront with stunning river views, dock and boat lift. Large 15x30 screened pool. Lovingly maintained, including beautiful hardwood floors, this home boasts an open floor plan and serene views through picture windows. New electrical and plumbing. Over 3,000 sq ft of an open living concept and split bedrooms and gorgeous water views. New roof, fresh paint and fence!  Two-car garage, large in-ground pool and lanai. Gourmet kitchen w/granite, sprawling master suite with river view. In a premiere location for water activities and Cocoa Village amenities, which is a pleasant bike ride away. Originally constructed in 1955 but this home has been completely remodeled and the effective year built is 2005.
Unit Size
-
Days on Market
-
Land Size
0.53 acres
Price per sqft
-
Property Type
House
Property Taxes
$843
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Space Coast MLS #806094)

Price History

Date / Event Date Event Price
Apr 10, 2018 Sold
Premium
Sold
Feb 21, 2018 Listed by J. Edwards Real Estate $650,000
Listed by J. Edwards Real Estate
May 24, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 621
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 23,087
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,173
  • Gross Building Area: 3,173
  • Building Area: 3,113
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,113
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN HILL SUBD
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: INDIAN HILL SUBD LOT 3 & WATER LOT 3

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071500

Zoning

  • Zoning: RU17

Geography

  • Assessors Map Reference: 158
  • Account Number: 2416897
  • Parcel: 24-36-21-BU-00000.0-0003.00
  • Lot: 3
  • Meridian: SEC 21 TWN 24S RNG 36E
  • Municipality: COCOA
  • Latitude: 28.3831
  • Longitude: -80.738

    Address

  • Full Address: 1405 N Indian River Dr
  • Address - House Number: 1405
  • Street Direction: N
  • Address - Street Name: Indian River
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: C014
  • 4-Digit Zip Code: 6901
  • Zip Code: 32922

Valuation

    Tax

  • Total Area: 3,126
  • Tax Year: 2022
  • Tax Amount: $925,151
  • Tax Rate Code Area: 23D0

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 73
  • Final Value: 881,247
  • High Value: 1,056,755
  • Low Value: 705,740

    Market Valuation

  • Market Total Value: $655,370

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $566,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 06, 2018
  • Current Sale Recording Date: Apr 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018078494
  • Previous Sale Recording Date: May 24, 2016
  • Previous Sale Contract Date: May 19, 2016
  • Previous Sale Amount: $681,200
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indian Hill

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 19 Travis Street, Cocoa, FL, 32922

$3,100 /mo

  • 4 Beds
  • 4 Baths
  • 2,264 ft²
19 Travis Street #101, Cocoa, FL, 32922 Listing by Dawn Capehart
Unit for rent at 2187 Hedgerow Drive, Merritt Island, FL, 32953

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,627 ft²
2187 Hedgerow Drive, Merritt Island, FL, 32953 Listing by Walter Ferrero

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Christine Hansen, J. Edwards Real Estate
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 806094
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1405 North Indian River Drive built and last sold?
The property at 1405 North Indian River Drive was built in 1955 and last sold on Apr 6, 2018 for $630,000.
How much is this home worth?
The estimated value of the home located at 1405 North Indian River Drive is $0.
What are some comparable homes to 1405 North Indian River Drive?
There are currently no comparable homes to 1405 North Indian River Drive.
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