259 Timber Run Way
About This Property
Additional desirable features include newer metal roof!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Price Decreased |
$235,000
↓ $10K
(4.1%) | |
| Price Decreased | |||
| Apr 15, 2026 | Listed by EXP Realty, LLC | $245,000 | |
| Listed by EXP Realty, LLC | |||
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Waterfront living with unobstructed water views from your back patio, complete with a beautiful mature tree creating a peaceful backyard setting. This is also a perfect spot to watch rocket launches right from home. Inside, the inviting kitchen opens to a spacious living room filled with natural light and scenic water views. The home features a newer metal roof for added value and peace of mind. Located in a very active 55+ community offering fantastic amenities including a clubhouse, recreation room, library, full kitchen, exercise room, heated inground pool and spa, pickleball courts, and RV parking/storage. The low condo fee includes these amenities plus cable/internet, reclaimed water for lawn irrigation, and lawn care. Best of all, there is no lot rent--you own the land. Conveniently located about 20 minutes to the beach, 30 minutes to Orlando International Airport, and close to abundant shopping and dining in nearby Viera.
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| Mar 29, 2021 | Sold | ||
| Sold | |||
Property Highlights
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About Cocoa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017