$529,000
↓ $10K (1.9%)
●
House -
For Sale
235 First Light Circle
Cocoa, FL 32922
4 Beds
3 Baths
2,020 Ft²
$2,878
Est. Monthly
$210
HOA / Fees
6.76%
Cap Rate
About This Property
Introducing the Madison floorplan-This 2020 sq ft home offers 4
bedroom, 3 full baths and a 3-car garage. Its stunning curb appeal
includes a paver driveway, lush landscaping and an irrigated lawn
with its own irrigation pump. It also includes luxury planks
throughout the main living areas, granite countertops, white
cabinets and upgraded kitchen appliances. The Kitchen overlooks
living, dining and deep covered lanai. Master suite offers separate
shower, garden tub with spacious walk-in closet. Built with energy
efficient features and smart home. For added safety, impact windows
are installed in this home. Photos used for illustrative
purposes and do not depict actual home.
Unit Size
2,020 Ft²
Days on Market
111 days
Land Size
0.18 acres
Price per sqft
$262
Property Type
House
Property Taxes
$70
HOA Dues
$210
Year Built
-
Listed By
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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: 2 months ago (Space Coast MLS #1057017)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2026 | Price Decreased |
$529,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 8, 2026 | Price Decreased |
$539,000
↓ $13K
(2.3%) | |
| Price Decreased | |||
| Sep 12, 2025 | Listed by D.R.Horton Realty of Melbourne | $551,800 | |
| Listed by D.R.Horton Realty of Melbourne | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 3
Interior Details
Full Bathrooms: 3
Interior Features: Entrance Foyer, Kitchen Island, Pantry, Smart Thermostat, Walk-In Closet(s), Split Bedrooms
Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
Flooring Type: Carpet, Other
Exterior Details
Square Footage: 2020
Square Footage Source: $0
Security Features: Smoke Detector(s)
Architectural Style: Traditional
Year Built: 2025
Construction Materials: Block, Stucco
Lot Features: Corner Lot
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Size Square Feet: 7841
Water Source: Public
Financial Details
Tax Annual Amount: $834
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Boat Dock
HOA Fee: $210
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cocoa
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Listed by: Howard J. Darvin, D.R.Horton Realty of Melbourne
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1057017
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.
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1057017
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