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Cocoa 32926 Cocoa Bay
1625 Ridge Drive
$32,000
● Mobile Manufactured - Off Market

1625 Ridge Drive

Cocoa, FL 32926
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,820 Ft²
$69,956
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

WOW!!  A five (5) bedroom 3 bath home on your  own land.  New Roof in 2013 and new A/C unit in 2014. It does need some TLC but could easily be  made into a very nice home.     Seller does not warranty any appliances or the fireplace.
Unit Size
1,820 Ft²
Days on Market
23 days
Land Size
0.14 acres
Price per sqft
$21
Property Type
Mobile Manufactured
Property Taxes
$61
HOA Dues
$40
Year Built
1999

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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: 5 months ago (Space Coast MLS #716660)

Price History

Date / Event Date Event Price
Jul 8, 2015 Sold
Premium
Sold
Feb 25, 2015 Sold
Premium
Sold
Jan 29, 2015 Listed by RE/MAX Solutions $37,850
Listed by RE/MAX Solutions
Aug 27, 2014 Sold
Premium
Sold
Apr 2, 2014 Listed by RE/MAX Solutions $32,850
Listed by RE/MAX Solutions

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 33
  • 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: 3
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,820
  • Gross Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COCOA BAY PHASE 1
  • Land Acres: 0000000140
  • Standard Land Use Code: 1006
  • County Land Use Code: 0213
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: COCOA BAY PHASE 1 LOT 10 BLOCK 3

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 062401

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 155
  • Account Number: 2407325
  • Subdivision Phase Number: 1
  • Parcel: 24-35-24-01-00003.0-0010.00
  • Block: 3
  • Lot: 10
  • Meridian: SEC 24 TWN 24S RNG 35E
  • Municipality: COCOA
  • Latitude: 28.3822
  • Longitude: -80.7746

    Address

  • Full Address: 1625 Ridge Dr
  • Address - House Number: 1625
  • Address - Street Name: Ridge
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: C022
  • 4-Digit Zip Code: 4709
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 1,820
  • Tax Year: 2022
  • Tax Amount: $89,661
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 23D0

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 151,903
  • High Value: 183,092
  • Low Value: 120,714

    Market Valuation

  • Market Total Value: $87,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,290

    Sales

  • Current Sale Contract Date: Mar 15, 2015
  • Current Sale Recording Date: Jul 08, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015135164
  • Previous Sale Recording Date: Feb 25, 2015
  • Previous Sale Contract Date: Feb 23, 2015
  • Previous Sale Amount: $32,000
  • 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 Cocoa Bay

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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SpaceCoast

Listed by: Patricia I Padrick, RE/MAX Solutions
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 716660
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 1625 Ridge Drive built and last sold?
The property at 1625 Ridge Drive was built in 1999 and last sold on Mar 15, 2015 for $55,000.
How much is this home worth?
The estimated value of the home located at 1625 Ridge Drive is $0.
What are some comparable homes to 1625 Ridge Drive?
There are currently no comparable homes to 1625 Ridge Drive.
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