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Cocoa 32922
1421 N Indian River Drive
$715,000
● House - Off Market

1421 N Indian River Drive

Cocoa, FL 32922
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,043 Ft²
$1,389,435
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

Awesome, direct Indian Riverfront home built in 2002 offering spectacular views & all the bells & whisles! Soaring 10' ceilings, columns, niches, gourmet's delight center island kitchen with Sile Stone counters, family room highlighted by fireplace, media room with 10' screen, surround sound, security system, hurricane shutters, whole house generator and more! Plus it has a sparkling, heated, screened pool also offering serene river views!! And a covered boat dock with a new 10,000 pd lift! City sewer!
Unit Size
3,043 Ft²
Days on Market
62 days
Land Size
-
Price per sqft
$235
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 6 months ago (Space Coast MLS #682707)

Price History

Date / Event Date Event Price
Jan 21, 2014 Sold
Premium
Sold
Nov 14, 2013 Listed by Atlantis Real Estate of Brev. $715,000
Listed by Atlantis Real Estate of Brev.
Apr 30, 2012 Sold
Premium
Sold
Mar 19, 2012 Listed by Atlantis Real Estate of Brev. $679,000
Listed by Atlantis Real Estate of Brev.

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 2
  • 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: 1
  • Garage Square Area: 584
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 29,185
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 4,568
  • Gross Building Area: 4,568
  • Building Area: 2,983
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,983
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DIXONS SUBD
  • Land Acres: 0000000670
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: DIXONS SUBD LOT 2 LYING E OF HWY NO 1 EX AS DES IN DB 361 PG 26 & PB 11 PG 26 RD R/W

Neighborhood

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

Zoning

  • Zoning: RU17

Geography

  • Assessors Map Reference: 157
  • Account Number: 2415525
  • Parcel: 24-36-20-BM-00000.0-0002.02
  • Lot: 2
  • Meridian: SEC 20 TWN 24S RNG 36E
  • Municipality: COCOA
  • Latitude: 28.3839
  • Longitude: -80.7393

    Address

  • Full Address: 1421 N Indian River Dr
  • Address - House Number: 1421
  • Street Direction: N
  • Address - Street Name: Indian River
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: C014
  • 4-Digit Zip Code: 6902
  • Zip Code: 32922

Valuation

    Tax

  • Total Area: 3,583
  • Tax Year: 2022
  • Tax Amount: $1,111,194
  • Tax Rate Code Area: 23D0

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 1,450,748
  • High Value: 1,700,188
  • Low Value: 1,201,307

    Market Valuation

  • Market Total Value: $939,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $677,830

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 16, 2014
  • Current Sale Recording Date: Jan 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014010786
  • Previous Sale Recording Date: Apr 30, 2012
  • Previous Sale Contract Date: Apr 20, 2012
  • Previous Sale Amount: $640,000
  • Previous Sale Document Type: 71
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 Cocoa

Stats & Trends

Median Asking:

$270,000

Sale Price/ft²

$193

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1735 ft²

Average Home Age

45.8 years

Currently For Sale

120 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: Cheryl A Alyea, Atlantis Real Estate of Brev.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 682707
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 1421 North Indian River Drive built and last sold?
The property at 1421 North Indian River Drive was built in 2002 and last sold on Jan 16, 2014 for $714,300.
How much is this home worth?
The estimated value of the home located at 1421 North Indian River Drive is $719,425.
What are some comparable homes to 1421 North Indian River Drive?
There are currently no comparable homes to 1421 North Indian River Drive.
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