16 Oak Street
About This Property
This property features two one-bedroom, one-bathroom units, each complete with a kitchen, cozy living room, and access to a shared front patio - perfect for enjoying the quaint village atmosphere. Parking is conveniently located along the sides and rear of the property,
Zoned for Multi-Family use and located in the desirable Cocoa Waterfront Overlay District, the possibilities for this property are endless. Keep it as a duplex for rental income, or convert it back into a single-family residence to create your dream home in this prime location. One unit is currently occupied. Please DO NOT enter the property without an appointment.
CASH or Private Financing ONLY - Contact us today for additional details and to schedule your private showing!
Whether you're an investor or someone looking to own a piece of Cocoa Village history, 16 Oak Street offers charm, convenience, and untapped potential. Don't miss this incredible opportunity!
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017