177 Forest Lake Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2026 | Price Decreased |
$105,000
↓ $10K
(8.7%) | |
| Price Decreased | |||
| Jun 30, 2026 | Listed by HOUSEMAX PRO REALTY | $115,000 | |
| Listed by HOUSEMAX PRO REALTY | |||
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Move right into this charming 1-bedroom, 1-bath manufactured home located in the desirable 55+ lakefront gated community of Forest Lakes in Cocoa. You own the land! This well-maintained home has been nicely updated and offers an easy, low-maintenance Florida lifestyle. Recent improvements include a 2018 roof and 2018 A/C, giving buyers added peace of mind. Enjoy everything this active community has to offer, including a heated pool, shuffleboard, clubhouse, scenic pond, and a variety of planned social activities and events. Best of all, you own the land, so there is no lot rent. Whether you are looking for a year-round residence or a seasonal Florida getaway, this affordable home is ready for you to enjoy.
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| Jun 29, 2026 | Price Decreased |
$115,000
↓ $5K
(4.2%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed by HouseMax Pro Realty | $120,000 | |
| Listed by HouseMax Pro Realty | |||
| Jul 29, 2025 | Price Decreased |
$134,950
↓ $2K
(1.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017