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Cocoa 32922 Pineridge
1506 Cambridge Drive
$31,900
● House - Off Market

1506 Cambridge Drive

Cocoa, FL 32922
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$58,176
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

HANDYMAN SPECIAL!!3 Bed 1.5 bath, family room, and additional room could be 4th bedroom( needs closet) with 1 car garage. Concrete block, fenced yard, roof looks newer. Needs TLC. Large fence lot with shed. Kitchen and back room needs to be finished. Enclosed room has new windows and needs to be finished. .Sold as is, nothing warranted
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$38
HOA Dues
-
Year Built
1959

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: 3 years ago (Space Coast MLS #674003)

Price History

Date / Event Date Event Price
May 7, 2015 Sold
Premium
Sold
Aug 7, 2013 Sold
Premium
Sold
Jul 26, 2013 Listed by Loggins Realty Inc $29,900
Listed by Loggins Realty Inc

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 15
  • 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: 242
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,846
  • Gross Building Area: 1,846
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINERIDGE UNIT NO 3
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PINERIDGE UNIT NO 3 LOT 8 BLK 7

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 062302

Zoning

  • Zoning: RU17

Geography

  • Assessors Map Reference: 157
  • Account Number: 2415637
  • Parcel: 24-36-20-BO-00007.0-0008.00
  • Block: 7
  • Lot: 8
  • Meridian: SEC 20 TWN 24S RNG 36E
  • Municipality: COCOA
  • Latitude: 28.3768
  • Longitude: -80.7502

    Address

  • Full Address: 1506 Cambridge Dr
  • Legal Unit: 3
  • Address - House Number: 1506
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: C018
  • 4-Digit Zip Code: 6416
  • Zip Code: 32922

Valuation

    Tax

  • Total Area: 1,543
  • Tax Year: 2022
  • Tax Amount: $86,042
  • Tax Rate Code Area: 23D0

    Appraisal Valuation

  • Standard Deviation: 0.2078
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 225,177
  • High Value: 271,983
  • Low Value: 178,372

    Market Valuation

  • Market Total Value: $139,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,850

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2015
  • Current Sale Recording Date: May 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015092039
  • Previous Sale Recording Date: Aug 07, 2013
  • Previous Sale Contract Date: Aug 06, 2013
  • Previous Sale Amount: $31,900
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Pineridge

Stats & Trends

Median Asking:

$219,900

Sale Price/ft²

$189

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1337 ft²

Average Home Age

59.8 years

Currently For Sale

9 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 340 Sorrento Drive, Cocoa, FL, 32922

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,672 ft²
340 Sorrento Drive, Cocoa, FL, 32922 Listing by Samantha Sarver
Unit for rent at 2811 N Indian River Drive, Cocoa, FL, 32922

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 2,808 ft²
2811 N Indian River Drive, Cocoa, FL, 32922 Listing by Christine Lawhon

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Carla Martin-Loggins, Loggins Realty Inc
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 674003
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 1506 Cambridge Drive built and last sold?
The property at 1506 Cambridge Drive was built in 1959 and last sold on May 5, 2015 for $70,000.
How much is this home worth?
The estimated value of the home located at 1506 Cambridge Drive is $0.
What are some comparable homes to 1506 Cambridge Drive?
There are currently no comparable homes to 1506 Cambridge Drive.
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