150 W Suwannee Lane
About This Property
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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 |
|---|---|---|---|
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Nov 2, 2023 | In contract | - | |
| In contract | |||
| Oct 11, 2023 | Price Decreased |
$565,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Sep 11, 2023 | Listed by PREFERRED REAL ESTATE BROKERS II | $585,000 | |
| Listed by PREFERRED REAL ESTATE BROKERS II | |||
| | |||
|
Honey, we are going to beach permanently! Beautifully renovated Cocoa Beach Home, walking distance to the world famous Ron Jon Surf Shop, Cocoa Beach Pier, shopping and restaurants! This lovely 3 bedroom, 2 bath home has been updated to include a new kitchen with quartz countertops & cabinets, luxury vinyl laminate throughout, brand new bathrooms, new vanities, new shower and new tub! Nice sized living and bedrooms, freshly painted interior and exterior, new light fixtures throughout, this home is move in ready for those wanting to start living a Florida Lifestyle. Huge fenced yard with an amazing outdoor shower feature that will have everyone waiting a turn to shower outside! Motivated seller - with accepted offer, seller will consider assistance with closing costs and prepaids.
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| Aug 7, 2023 | Listed by Preferred Real Estate Brokers | $565,000 | |
| Listed by Preferred Real Estate Brokers | |||
| | |||
|
Honey, we are going to beach permanently! Beautifully renovated Cocoa Beach Home, walking distance to the world famous Ron Jon Surf Shop, Cocoa Beach Pier, shopping and restaurants! This lovely 3 bedroom, 2 bath home has been updated to include a new kitchen with quartz countertops & cabinets, luxury vinyl laminate throughout, brand new bathrooms, new vanities, new shower and new tub! Nice sized living and bedrooms, freshly painted interior and exterior, new light fixtures throughout, this home is move in ready for those wanting to start living a Florida Lifestyle. Huge fenced yard with an amazing outdoor shower feature that will have everyone waiting a turn to shower outside! Motivated seller - with accepted offer, seller will consider assistance with closing costs and prepaids.
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Property Highlights
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Price/ft²
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About Cocoa Beach
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Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 905242
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