$640,000
●
House -
Off Market
3447 Indian River Drive N
Cocoa, FL 32926
7 Beds
5 Baths
3,638 Ft²
$1,138,369
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model
About This Property
Two Homes in one, this amazing and unique RIVERFRONT 1985 built
property features 4 bedrooms, 3 bathrooms and master bedroom loft
on two levels with perfect views of the Indian River from almost
every room. Inside you will find vaulted ceilings with
exposed wood beams, a beautiful spiral staircase, fireplace and
modern bathrooms. The kitchen offers updated appliances,
granite counters and plenty of storage. Step outside and you
will find balconies overlooking the infinity edged pool and River
as well as a Breezeway between the two homes. The Guest house
compliments the property with its own private entrance 2 bedrooms
and 2 bathrooms. Other amenities include a 3 car garage
additional RV/Boat Space and laundry room. This would be a
great way to enjoy the Florida Lifestyle...
Unit Size
3,638 Ft²
Days on Market
35 days
Land Size
0.45 acres
Price per sqft
$185
Property Type
House
Property Taxes
$792
HOA Dues
-
Year Built
-
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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: 4 months ago (Space Coast MLS #754166)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2016 | Sold | ||
| Sold | |||
| May 10, 2016 | Listed by Florida Lifestyle Realty LLC | $674,000 | |
| Listed by Florida Lifestyle Realty LLC | |||
| Jul 24, 2014 | Sold | ||
| Sold | |||
| Jan 13, 2014 | Listed by Ellingson Properties | $749,000 | |
| Listed by Ellingson Properties | |||
   | |||
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DIRECT INDIAN RIVER GATED ESTATE
Main house features 5 bedrooms, 3 fully renovated baths on 2 floors with a spectacular granite kitchen, a game room and balconies that overlook the infinity edged pool and the Indian River. Climb the spiral staircase or use the elevator to access the 2nd floor loft master suite and 3 bedrooms. The guest house features a full kitchen, living area, 2 bedrooms, 2 baths, and laundry with pool and river views. Enjoy the evening on the dock relaxing in the hot tub, or sail out to the Atlantic through the Barge Canal. Parking abounds in the 3 car garage or on the pad which will accommodate an RV or boat. The guest house features a separate entrance, which would make a wonderful in-law quarters or home for adult children. Amenity list and survey attached.
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Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
With View
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Baths
ft²
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HOA + Taxes
About Sharpes
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Listed by: Jackie Griffin, Florida Lifestyle Realty LLC
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 754166
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: 4 months ago
Data Source: Space Coast MLS, MLS# 754166
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