143 Cedar Avenue
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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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Price Decreased |
$480,000
↓ $15K
(3%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by Blue Marlin Real Estate | $495,000 | |
| Listed by Blue Marlin Real Estate | |||
| | |||
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Charming income producing home with separate ADU in the heart of Cocoa Beach! Only two blocks to the ocean, and a short walk to 30+ downtown restaurants and bars. Arrive to lush landscaping, and majestic oak trees. The main home features 2 bedrooms, 1 bath, open-concept layout, Florida sunroom, and a large backyard perfect for relaxing or entertaining. A standout feature is the private studio apartment with its own entrance, full bath, kitchenette, and patio, ideal for rental income, guests, or a quiet home office. Use it separately or easily combine both spaces into a 3 bed / 2 bath setup with excellent flexibility and value. This well-maintained home includes recent updates and a brand-new roof (2025). Whether you're looking for a full-time home, vacation property, or investment, this versatile home offers it all.
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| Aug 30, 2019 | Sold | ||
| Sold | |||
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About Cocoa Beach
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Currently no similar homes aroundNearby Rentals
$2,800 /mo
- 2 Beds
- 2 Baths
- 1,234 ft²
$2,800 /mo
- 2 Beds
- 2 Baths
- 1,240 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017