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Sharpes 32926 Parkchester
389 Chester Drive
$352,000
● House - Off Market

389 Chester Drive

Cocoa, FL 32926
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,933 Ft²
$1,943
Est. Monthly
6.40%
Cap Rate

About This Property

Spacious 3 bed 2 bath split plan Pool home with 1933 Living Sq ft  in established neighborhood (PARKCHESTER) near the Indian River!  Home sits on a corner lot. The home features a Eat -in Kitchen, Living,  Dining, Family Room, Laundry Room ,Large Primary Bedroom with Walk In closet,  laminate wood floors, walk In closets, unique built in features, Roof Replaced 2021 and New Septic's and Drain Fields 2021, Oversized 2 car garage. Close to major Highways and Beaches 15 min away, Orlando & Sanford and Melbourne Airports 45 Min away. SELLERS ARE OFFERING A 1 YEAR HOME WARRANTY!
Unit Size
1,933 Ft²
Days on Market
103 days
Land Size
0.23 acres
Price per sqft
$191
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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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: 6 months ago (Space Coast MLS #1038085)

Price History

Date / Event Date Event Price
Jun 6, 2025 Sold
Premium
Sold
May 3, 2025 In contract -
In contract
May 1, 2025 Relisted $369,900
Relisted
Apr 26, 2025 In contract -
In contract
Apr 9, 2025 Relisted $369,900
Relisted
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 59
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,698
  • Gross Building Area: 2,698
  • Building Area: 1,933
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,933
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKCHESTER UNIT 1
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PARKCHESTER UNIT 1 LOT 1 BLK 5

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 062112

Zoning

  • Zoning: RU111

Geography

  • Assessors Map Reference: 137
  • Account Number: 2411381
  • Parcel: 24-36-08-50-00005.0-0001.00
  • Block: 5
  • Lot: 1
  • Meridian: SEC 08 TWN 24S RNG 36E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.4086
  • Longitude: -80.7534

    Address

  • Full Address: 389 Chester Dr
  • Legal Unit: 1
  • Address - House Number: 389
  • Address - Street Name: Chester
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: C029
  • 4-Digit Zip Code: 8708
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 2,300
  • Tax Year: 2022
  • Tax Amount: $142,984
  • Tax Rate Code Area: 1400

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 422,260
  • High Value: 498,663
  • Low Value: 345,857

    Market Valuation

  • Market Total Value: $257,940

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,620
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Parkchester

Stats & Trends

Median Asking:

$344,450

Sale Price/ft²

$193

Below Asking

0.05%

Average Days on Market

108

Average Home Size

2217 ft²

Average Home Age

58 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6546 Split Rail Lane, Cocoa, FL, 32927

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,676 ft²
6546 Split Rail Lane, Cocoa, FL, 32927 Listing by Karen Gunn-Bardot

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Vickie C Walters, Brevard Premier Prop.& Inv.Inc
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1038085
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.

Frequently Asked Questions

When was property at 389 Chester Drive built and last sold?
The property at 389 Chester Drive was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 389 Chester Drive is $0.
What are some comparable homes to 389 Chester Drive?
There are currently no comparable homes to 389 Chester Drive.
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