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Cocoa 32926 College Green Estates
2224 Iona Drive
$340,000
● House - Off Market

2224 Iona Drive

Cocoa, FL 32926
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,753 Ft²
$1,797
Est. Monthly
9.68%
Cap Rate

About This Property

Located right down the street from EFSC, this completely remodeled pool home has four bedrooms and two bathrooms. As you enter the home you are greeted with vaulted ceilings and a brand new kitchen. The home features a split floor plan with an extra living space in the back as well as indoor laundry. New updates include roof, AC, flooring, kitchen, bathrooms, windows, hurricane shutters, and more.
Unit Size
1,753 Ft²
Days on Market
105 days
Land Size
0.19 acres
Price per sqft
$200
Property Type
House
Property Taxes
$78
HOA Dues
-
Year Built
1967

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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 #976422)

Price History

Date / Event Date Event Price
Jan 17, 2024 Sold
Premium
Sold
Sep 29, 2023 Listed by Blue Marlin Real Estate $349,900
Listed by Blue Marlin Real Estate
Dec 28, 2022 Sold
Premium
Sold
Nov 5, 2022 Listed by Blue Marlin Real Estate $174,900
Listed by Blue Marlin Real Estate
Apr 22, 2009 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 15
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,833
  • Gross Building Area: 1,833
  • Building Area: 1,753
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,753
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE GREEN ESTATES UNIT 4
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: COLLEGE GREEN ESTATES UNIT 4 LOT 36 BLK 11

Neighborhood

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

Zoning

  • Zoning: RU17

Geography

  • Assessors Map Reference: 156
  • Account Number: 2415240
  • Parcel: 24-36-19-25-00011.0-0036.00
  • Block: 11
  • Lot: 36
  • Meridian: SEC 19 TWN 24S RNG 36E
  • Municipality: COCOA
  • Latitude: 28.3853
  • Longitude: -80.7665

    Address

  • Full Address: 2224 Iona Dr
  • Legal Unit: 4
  • Address - House Number: 2224
  • Address - Street Name: Iona
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: C022
  • 4-Digit Zip Code: 5610
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 1,773
  • Tax Year: 2022
  • Tax Amount: $93,914
  • Tax Rate Code Area: 23D0

    Appraisal Valuation

  • Standard Deviation: 0.0843
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 93
  • Final Value: 341,082
  • High Value: 369,868
  • Low Value: 312,297

    Market Valuation

  • Market Total Value: $156,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,030

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 17, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9543
  • Previous Sale Recording Date: Dec 28, 2022
  • Previous Sale Contract Date: Dec 22, 2022
  • Previous Sale Amount: $170,000
  • 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 College Green Estates

Stats & Trends

Median Asking:

$272,500

Sale Price/ft²

$209

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1288 ft²

Average Home Age

60.6 years

Currently For Sale

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

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2811 N Indian River Drive, Cocoa, FL, 32922

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 2,808 ft²
2811 N Indian River Drive, Cocoa, FL, 32922 Listing by Christine Lawhon

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Julie Steele, Blue Marlin Real Estate
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 976422
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 2224 Iona Drive built and last sold?
The property at 2224 Iona Drive was built in 1967 and last sold on Jan 12, 2024 for $340,000.
How much is this home worth?
The estimated value of the home located at 2224 Iona Drive is $0.
What are some comparable homes to 2224 Iona Drive?
There are currently no comparable homes to 2224 Iona Drive.
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