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Cocoa 32922 Atkinson
1527 Paradise Lane
$200,000
● House - Off Market

1527 Paradise Lane

Cocoa, FL 32922
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,467 Ft²
$198,880
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

INVESTOR ALERT! ESSENTIALY TWO PROPERTIES FOR THE PRICE OF ONE!  Come view this concrete bock home on a corner lot that is comprised of  a 3/2 with an attached 1/1 and full  kitchen complete with a separate entrance. The 3/2 has granite throughout , new wood floors and is 969 sq feet. The 1/1 was fully renovated in 2022 and is 491 sq. SS appliances and washer/dryer conveys. BRAND NEW METAL ROOF! PVC PLUMBING THROUGHOUT! SEPTIC SYSTEM FROM 2014! NO CARPET IN SIGHT! Located ten minutes away from historic downtown Cocoa Village and in close proximity to Eastern Florida State College, this property is perfectly positioned in a quiet cul-de-sac.

NO HOA! NO HOA FEES! NO HOA RENTAL RESTRICTIONS!
Unit Size
1,467 Ft²
Days on Market
234 days
Land Size
0.15 acres
Price per sqft
$136
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 6 months ago (Space Coast MLS #953004)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Dec 19, 2022 Listed by BHHS Florida Realty $200,000
Listed by BHHS Florida Realty
Aug 15, 2019 Sold
Premium
Sold
Mar 2, 2017 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1985
  • 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: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 38
  • Porch Type: 59
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,830
  • Gross Building Area: 1,830
  • Building Area: 1,467
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 7
  • Heated Square Feet: 1,467
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ATKINSON SUBD
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: ATKINSON SUBD PART OF TRACT 6 AS DES IN ORB 200 PG 136

Neighborhood

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

Zoning

  • Zoning: RU-1-7

Geography

  • Assessors Map Reference: 157
  • Account Number: 2416607
  • Subdivision Tract Number: 6
  • Parcel: 24-36-20-51-00000.0-0006.03
  • Lot: 6
  • Meridian: SEC 20 TWN 24S RNG 36E
  • Municipality: UNINCORP DISTRICT 2
  • Latitude: 28.3781
  • Longitude: -80.7542

    Address

  • Full Address: 1527 Paradise Ln
  • Address - House Number: 1527
  • Address - Street Name: Paradise
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Cocoa
  • Carrier Code: C005
  • 4-Digit Zip Code: 6486
  • Zip Code: 32922

Valuation

    Tax

  • Total Area: 1,544
  • Tax Year: 2022
  • Tax Amount: $94,928
  • Tax Rate Code Area: 2300

    Appraisal Valuation

  • Standard Deviation: 0.2219
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 177,175
  • High Value: 216,498
  • Low Value: 137,851

    Market Valuation

  • Market Total Value: $71,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,640

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 173271
  • Previous Sale Recording Date: Aug 15, 2019
  • Previous Sale Contract Date: Aug 12, 2019
  • Previous Sale Amount: $50,000
  • 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 Atkinson

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

2191 ft²

Average Home Age

64 years

Currently For Sale

1 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

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Sarah Rekab, BHHS Florida Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 953004
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 1527 Paradise Lane built and last sold?
The property at 1527 Paradise Lane was built in 1959 and last sold on Aug 11, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 1527 Paradise Lane is $0.
What are some comparable homes to 1527 Paradise Lane?
There are currently no comparable homes to 1527 Paradise Lane.
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