209 Riverside Drive #0
About This Property
THIS PROPERTY IS WITHIN WALKING DISTANCE TO THE UP AND COMING COCOA VILLAGE AREA. NEW DECK, NEW ROOF AND CURRENTLY UPDATING THE ELECTRICITY AND PLUMBING!!
INVESTOR/DEVELOPER ALERT and a unique opportunity to own Multi Family Units; 4 Apartments in Main House and a Cabin Unit separate building to the south of the main house. Charming Home in highly desirable area. Walk to Historic Cocoa Village to shops, dining, and night life. Development Potential of 6, New Construction Condominiums on Beautiful Riverside Dr. across form the Indian River . Stable Tenants in place with good rental records. Earn Income while in development stages for site planning VERY MOTIVATED SELLER!! ALL REASONABLE OFFERS ACCEPTED!!!
Payment Calculator
Your Estimated Monthly Payment
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2022 | Sold | ||
| Sold | |||
| Sep 15, 2021 | Listed by CBA Realty Group | $549,900 | |
| Listed by CBA Realty Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/15/2021
| |
Studio
|
-
|
3648 ft²
|
$549,900
Studio
-
3648 ft²
|
$510,000
-7.26%
03/31/2022
|
Chuck Alzamora
CBA Realty Group
|
|
10/24/2017
| |
Studio
|
-
|
3648 ft²
|
$459,000
Studio
-
3648 ft²
|
$422,500
-7.95%
06/08/2018
|
Francesca DiPasquale
C. Apollo Realty Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017