31
Map
$85,000
↓ $12K (4.4%)
●
House -
Off Market
145 Ruth Avenue
Cocoa, FL 32922
2 Beds
1 Bath
1,140 Ft²
$905
Est. Monthly
16.35%
Cap Rate
About This Property
Perfect starter, second or investment home, centrally located off
520 in Pine Grove Park. This 2/1 has an open and spacious floor
plan, arched doorways, formal living and dining room, interior
laundry room, additional bonus room that could be an office,
exercise room or playroom. Home features a .24 acre, fenced yard, a
new handicap ramp leads up to the relaxing front porch. Home also
features a metal roof and an Enphase solar panel system for VERY
minimal electric bills!!
No HOA, no community fees, make this home an excellent and affordable investment! No central AC, but 2 window units. Priced to sell quickly! Call to set up a showing! Buyer backed out before inspections.
No HOA, no community fees, make this home an excellent and affordable investment! No central AC, but 2 window units. Priced to sell quickly! Call to set up a showing! Buyer backed out before inspections.
Unit Size
1,140 Ft²
Days on Market
40 days
Land Size
0.24 acres
Price per sqft
$110
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1964
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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: 3 months ago (Space Coast MLS #982593)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2025 | Price Decreased |
$260,000
↓ $12K
(4.4%) | |
| Price Decreased | |||
| Apr 24, 2025 | Price Decreased |
$272,000
↓ $3K
(1.1%) | |
| Price Decreased | |||
| Apr 8, 2025 | Price Decreased |
$275,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Mar 6, 2025 | Price Decreased |
$277,000
↓ $7K
(2.5%) | |
| Price Decreased | |||
| Feb 3, 2025 | Listed | $284,000 | |
| Listed | |||
| | |||
|
This beautifully updated home in Cocoa, FL, features 2 bedrooms, 2 bathrooms, and a versatile additional room, offering a fresh and inviting living space. The brand-new kitchen is equipped with modern appliances, elegant countertops, and ample storage. The plumbing and electrical systems have been completely updated throughout the entire home. The entire home has been upgraded with stylish and durable flooring, ensuring easy maintenance. Both bathrooms have been elegantly remodeled with high-quality fixtures and finishes. Additionally, new doors and windows have been installed to enhance energy efficiency. The home also includes fully paid solar panels. Conveniently located near Highway 520, this property provides easy access to the beach, the Space Coast, and Orlando in just one hour. A perfect opportunity to enjoy an island lifestyle with the convenience of nearby urban amenities.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Pine Grove Park
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Listed by: Kara L Baker, Coldwell Banker Realty
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 982593
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.
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 982593
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