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Cocoa 32926 College Green Estates
2311 Mercer Drive
$109,100
● House - Off Market

2311 Mercer Drive

Cocoa, FL 32926
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,372 Ft²
$184,389
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Adorable 60's ranch! All tile floors, remodeled kitchen with plenty of storage and solid surface counters. All neutral colors. Newer AC. Huge backyard.. plenty of room for pool or garden! Large screened porch. No HOA.. Extra wide drive for RV/Boat parking. Walk to Brevard Museum, YMCA, Eastern Florida State College & UCF. Close to shopping. EZ access to 528, US1.
Unit Size
1,372 Ft²
Days on Market
8 days
Land Size
0.25 acres
Price per sqft
$79
Property Type
House
Property Taxes
$103
HOA Dues
-
Year Built
1966

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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: 6 months ago (Space Coast MLS #758327)

Price History

Date / Event Date Event Price
Jul 14, 2016 Sold
Premium
Sold
Jun 29, 2016 Listed by RE/MAX Aerospace Realty $109,000
Listed by RE/MAX Aerospace Realty
Oct 24, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 1
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 17
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,744
  • Gross Building Area: 1,744
  • Building Area: 1,397
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,397
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE GREEN ESTATES UNIT 3
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: COLLEGE GREEN ESTATES UNIT 3 LOT 2 BLK 11

Neighborhood

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

Zoning

  • Zoning: RU17

Geography

  • Assessors Map Reference: 156
  • Account Number: 2415206
  • Parcel: 24-36-19-01-00011.0-0002.00
  • Block: 11
  • Lot: 2
  • Meridian: SEC 19 TWN 24S RNG 36E
  • Municipality: COCOA
  • Latitude: 28.3861
  • Longitude: -80.7646

    Address

  • Full Address: 2311 Mercer Dr
  • Legal Unit: 3
  • Address - House Number: 2311
  • Address - Street Name: Mercer
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: C022
  • 4-Digit Zip Code: 5614
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 1,565
  • Tax Year: 2022
  • Tax Amount: $299,536
  • Tax Rate Code Area: 23D0

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 272,589
  • High Value: 332,562
  • Low Value: 212,616

    Market Valuation

  • Market Total Value: $166,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $166,850

    Sales

  • Current Sale Contract Date: Jul 08, 2016
  • Current Sale Recording Date: Jul 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016136973
  • Previous Sale Recording Date: Oct 24, 2011
  • Previous Sale Contract Date: Oct 17, 2011
  • Previous Sale Amount: $50,000
  • 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:

$270,000

Sale Price/ft²

$207

Below Asking

0.02%

Average Days on Market

46

Average Home Size

1345 ft²

Average Home Age

60.2 years

Currently For Sale

6 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 807 Hillsdale Drive, Cocoa, FL, 32922

$1,995 /mo

  • 4 Beds
  • 2 Baths
  • 1,533 ft²
807 Hillsdale Drive, Cocoa, FL, 32922 Listing by Wilkens Desinat

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Sara Forst Griffin, RE/MAX Aerospace Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 758327
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 2311 Mercer Drive built and last sold?
The property at 2311 Mercer Drive was built in 1966 and last sold on Jul 8, 2016 for $109,100.
How much is this home worth?
The estimated value of the home located at 2311 Mercer Drive is $0.
What are some comparable homes to 2311 Mercer Drive?
There are currently no comparable homes to 2311 Mercer Drive.
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