$111,500
●
Condo -
Off Market
1562 University Lane #708
Cocoa, FL 32922
2 Beds
2 Baths
952 Ft²
$130,797
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Excellent Location!
Unit Size
952 Ft²
Days on Market
43 days
Land Size
0.08 acres
Price per sqft
$131
Property Type
Condo
Property Taxes
$92
HOA Dues
$750
Year Built
-
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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: 5 months ago (Space Coast MLS #945945)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2022 | Sold | ||
| Sold | |||
| Sep 13, 2022 | Listed by Hawkins Realty, Inc. | $125,000 | |
| Listed by Hawkins Realty, Inc. | |||
Property Highlights
Parking Available
Air Conditioning
With View
Parking Details
Parking Features: Other
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior Details
Has Property Attached
Square Footage: 952
Square Footage Source: $0
Year Built: 1982
Levels: Two
Construction Materials: Block, Concrete
Patio and Porch Features: Patio, Porch, Screened
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Lot Size Square Feet: 3485
Water Source: Public
Financial Details
Tax Annual Amount: $1,101
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Management - Off Site
HOA Fee: $750
HOA Fee Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/19/2024
|
2 Bed
|
2 Bath
|
-
|
$139,000
2 Bed
2 Bath
|
$127,000
-8.63%
05/21/2024
|
David Acosta
LaRocque & Co., Realtors
| |
|
09/13/2022
|
2 Bed
|
2 Bath
|
952 ft²
|
$125,000
2 Bed
2 Bath
952 ft²
|
$111,500
-10.80%
10/26/2022
|
Betty Hawkins
Hawkins Realty, Inc.
| |
|
08/12/2021
|
2 Bed
|
2 Bath
|
952 ft²
|
$79,900
2 Bed
2 Bath
952 ft²
|
$79,000
-1.13%
09/17/2021
|
Charles Fischer
EXP Realty LLC
| |
|
06/03/2020
|
2 Bed
|
2 Bath
|
-
|
$52,000
2 Bed
2 Bath
|
$50,500
-2.88%
07/10/2020
|
Kimberley Beaudry
Gulf Coast Regional Realty,LLC
| |
|
01/27/2016
|
2 Bed
|
2 Bath
|
-
|
$39,900
2 Bed
2 Bath
|
$38,000
-4.76%
02/26/2016
|
B.J. Johnston
LaRocque & Co., Realtors
| |
|
06/17/2015
|
2 Bed
|
2 Bath
|
952 ft²
|
$32,500
2 Bed
2 Bath
952 ft²
|
$31,000
-4.62%
07/21/2015
|
Gina Dalley McTernan
Real Broker LLC
| |
|
03/27/2012
|
2 Bed
|
2 Bath
|
952 ft²
|
$22,500
2 Bed
2 Bath
952 ft²
|
$24,000
+6.67%
07/30/2012
|
Barbara Zorn
Star Real Estate, Inc
|
Building Info
About Cocoa
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Listed by: Betty L Hawkins, Hawkins Realty, Inc.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 945945
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: 5 months ago
Data Source: Space Coast MLS, MLS# 945945
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