385 Outer 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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by EXP Realty, LLC | $199,000 | |
| Listed by EXP Realty, LLC | |||
| Jul 13, 2026 | Price Decreased |
$205,000
↓ $5K
(2.4%) | |
| Price Decreased | |||
| May 22, 2026 | Listed by Vylla Home | $210,000 | |
| Listed by Vylla Home | |||
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Beautiful 2004 double-wide manufactured home with 2BR/2BA and 1,216 sq ft on a 0.28-acre lot. Enjoy a bright open layout, screen enclosure, covered carport, garage, utility room, and concrete patio. Solidly built with vinyl/aluminum exterior and durable asphalt shingle roof.
All furniture is negotiable -- move-in ready from day one!
Located in one of Cocoa's friendliest, most active communities where neighbors truly look out for each other. Convenient to shopping, dining, and Space Coast beaches.
This isn't just a house -- it's a lifestyle. Schedule your showing today!
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| May 29, 2018 | Sold | ||
| Sold | |||
| Jan 31, 2018 | Listed by EXP Realty, LLC | $129,700 | |
| Listed by EXP Realty, LLC | |||
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About Cocoa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017