3806 Parapet Drive
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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 |
|---|---|---|---|
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Mar 2, 2026 | Listed by Denovo Realty | $328,000 | |
| Listed by Denovo Realty | |||
| | |||
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WELCOME HOME! Come by and check out this open plan home that offers 3 bedrooms, 2 baths, a BONUS ROOM/office/4th bedroom and a large family room with vaulted ceilings in one of the most friendliest neighborhoods in the county. The kitchen offers lots of cabinet space, granite counters, a breakfast area and a stainless sink with pass through to the living room. The large primary bedroom has a spacious walk-in closet, a double sink vanity and walk-in shower. Relax on the OVERSIZED covered patio that has screen/vinyl windows and insulated roof. The laundry area in the garage including a washtub, and there are metal hurricane shutters for all the windows. The NEWER ROOF and GUTTERS are from (2020) and all the air conditioning ducts were replaced as well. Close to I-95, 524 Publix, local shopping and parks in the area. Schedule your showings!
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| Nov 3, 2020 | Sold | ||
| Sold | |||
| Sep 18, 2020 | Listed by RE/MAX Aerospace Realty | $229,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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About Cocoa North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017