$800,000
●
House -
Off Market
3859 N Indian River Drive
Cocoa, FL 32926
4 Beds
3 Baths
2,436 Ft²
$1,043,821
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
SPECTACULAR RIVERFRONT HOME WITH 151 FEET OF INDIAN RIVER FRONTAGE!
Home features a single story, high and dry lot, in a fantastic
location, close to Cocoa Village, 528 and the beaches or Orlando.
Recent updates include a beautiful paver drive and riverside
seating area, to watch the launches, passing boats and incredible
wildlife. Or, venture out on the newly updated and raised composite
dock with a reinforced coquina sea wall. New LVP flooring inside, 3
hurricane rated sliders overlook the 2409 SF lanai and pool,
perfect for entertaining! Home has recently been painted, new duct
work/vents installed, new garage door, 2 SHEDS, GENERAC Guardian
22kw generator, gorgeous landscaping, irrigation system on well,
septic (replaced '20), new windows and shutters. Luxury Florida
living!!
Unit Size
2,436 Ft²
Days on Market
29 days
Land Size
0.86 acres
Price per sqft
$410
Property Type
House
Property Taxes
$660
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: 3 months ago (Space Coast MLS #955197)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2025 | Listed by aReal Estate Service Team | $1,600,000 | |
| Listed by aReal Estate Service Team | |||
| | |||
|
For comp purposes only.
| |||
| Feb 28, 2023 | Sold | ||
| Sold | |||
| Jan 20, 2023 | Listed by Coldwell Banker Realty | $999,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Sep 15, 2020 | Listed by Atlantis Real Estate | $749,500 | |
| Listed by Atlantis Real Estate | |||
   | |||
|
Exclusive, Private, River Front Residence. 2883sqft home w/additional 1932sqft of screened porch, patio, pool deck. Huge living room area w/ wood burning fireplace and wet bar. Spacious Kitchen w/ abundant cabinetry and center island glass top range. Stunning NEW granite throughout! Extensive and beautiful landscape property with stunning curb appeal and FABULOUS Indian River Front views. Foam down tile roof rated at 145mph wind values. Built-in private alarm system. Heated, pebble tech pool w/built-in spa and surrounding Chattahoochee deck. Free standing hot tub/spa included on the patio deck. Private dock on the Indian River w/151lLft of river front property to watch sunrises, space launches, & more! Reg. sized VBall ct. in backyard of this Beautiful property for active adults & families families
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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About Sharpes
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Listed by: Kara L Baker, Coldwell Banker Realty
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 955197
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: 3 months ago
Data Source: Space Coast MLS, MLS# 955197
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