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Cocoa 32926
223 Scenic Drive
$121,000
● Mobile Manufactured - Off Market

223 Scenic Drive

Cocoa, FL 32926
bedrooms
3 Beds
bathrooms
2 Baths
$265,418
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Gorgeous waterfront home in the popular Lost Lakes 55+ community! You have to see it to believe it. Large open floor plan with breath taking views of the BIG lake. Come take a look and make an offer!
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
Mobile Manufactured
Property Taxes
$161
HOA Dues
$170
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 years ago (Space Coast MLS #687978)

Price History

Date / Event Date Event Price
Jun 1, 2016 Sold
Premium
Sold
May 14, 2014 Sold
Premium
Sold
Jan 29, 2014 Listed by Best Advantage R.E. & Rlty Co $142,000
Listed by Best Advantage R.E. & Rlty Co

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 2
  • 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: 360
  • Parking Space Count: 1
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 108

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,476
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWEST LAKES CONDO
  • Land Acres: 0000000410
  • Standard Land Use Code: 1006
  • County Land Use Code: 0422
  • State Land Use Code: 004
  • Mobile Home Indicator: T
  • Legal Description 1: NORTHWEST LAKES CONDO PH IV UNIT 281 NORTHWEST LAKES CONDO PHASE IV AS DESC IN ORB 4621 PG 0945 AND ALL AMENDMENTS THERETO.

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071205

Zoning

  • Zoning: TR-3

Geography

  • Account Number: 2456384
  • Subdivision Phase Number: IV
  • Parcel: 24-35-22-00-00785.E-0000.00
  • Block: 785.E
  • Meridian: SEC 22 TWN 24S RNG 35E
  • Municipality: COCOA
  • Latitude: 28.3759
  • Longitude: -80.8114

    Address

  • Full Address: 223 Scenic Dr
  • Legal Unit: 281
  • Address - House Number: 223
  • Address - Street Name: Scenic
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: R014
  • 4-Digit Zip Code: 2577
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 1,479
  • Tax Year: 2022
  • Tax Amount: $282,803
  • Tax Rate Code Area: 13D0

    Appraisal Valuation

  • Standard Deviation: 0.4813
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 3
  • Final Value: 214,327
  • High Value: 317,487
  • Low Value: 111,166

    Market Valuation

  • Market Total Value: $185,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,660

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2016
  • Current Sale Recording Date: Jun 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 14, 2014
  • Previous Sale Contract Date: May 05, 2014
  • Previous Sale Amount: $121,000
  • 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

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$194

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1861 ft²

Average Home Age

43.9 years

Currently For Sale

155 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

Rentals Near You

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SpaceCoast

Listed by: Wenda L Nicholls-Adams, Best Advantage R.E. & Rlty Co
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 687978
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 223 Scenic Drive built and last sold?
The property at 223 Scenic Drive was built in 2002 and last sold on Jun 1, 2016 for $100.
How much is this home worth?
The estimated value of the home located at 223 Scenic Drive is $0.
What are some comparable homes to 223 Scenic Drive?
There are currently no comparable homes to 223 Scenic Drive.
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