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Cocoa 32926
395 Outer Drive
$159,900
● Mobile Manufactured - Off Market

395 Outer Drive

Cocoa, FL 32926
bedrooms
3 Beds
bathrooms
2 Baths
$253,048
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Gated 55 Plus Community...Move In Ready Today. What a lovely home with almost 2000 sf under air plus 536 sf enclosed Florida Room with water view overlooking a Preserve. This open floor plan is light and bright from every room. Fantastic kitchen with center isle, cook top & double oven plus solid surface counters and lots of cabinets. The dining and family room is huge so family gatherings or friends over for dinner is no problem. There is covered parking for one car and open parking for two addition cars. The community offers boating on the lake, fishing, boat ramp, pool, hot tub, community center with full kitchen, billiard room, fitness center, library, media center, shuffle board and tennis. Florida living at its best for year round or seasonal living. Stop looking and start living...
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
Mobile Manufactured
Property Taxes
$119
HOA Dues
$196
Year Built
2004

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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: 3 years ago (Space Coast MLS #804398)

Price History

Date / Event Date Event Price
Apr 11, 2018 Sold
Premium
Sold
Feb 3, 2018 Listed by RE/MAX Aerospace Realty $164,900
Listed by RE/MAX Aerospace Realty
Nov 4, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 2
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 19
  • 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: 3
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,950
  • Gross Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,938
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWEST LAKES
  • Land Acres: 0000000280
  • Standard Land Use Code: 1006
  • County Land Use Code: 0422
  • State Land Use Code: 004
  • Mobile Home Indicator: T
  • Legal Description 1: NORTHWEST LAKES CONDO PH VII UNIT 211 NORTHWEST LAKES CONDO PH VII AS DESC IN ORB 5073 PG 2260 AND ALL AMENDMENTS THERETO

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071205

Zoning

  • Zoning: TR-3

Geography

  • Account Number: 2456930
  • Subdivision Phase Number: VII
  • Parcel: 24-35-22-00-00753.B-0000.00
  • Block: 753.B
  • Meridian: SEC 22 TWN 24S RNG 35E
  • Municipality: COCOA
  • Latitude: 28.3793
  • Longitude: -80.8116

    Address

  • Full Address: 395 Outer Dr
  • Legal Unit: 211
  • Address - House Number: 395
  • Address - Street Name: Outer
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: R014
  • 4-Digit Zip Code: 1800
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 1,938
  • Tax Year: 2022
  • Tax Amount: $231,949
  • Tax Rate Code Area: 13D0

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 195,624
  • High Value: 281,077
  • Low Value: 110,170

    Market Valuation

  • Market Total Value: $206,630

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $154,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 06, 2018
  • Current Sale Recording Date: Apr 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018080645
  • Previous Sale Recording Date: Nov 04, 2009
  • Previous Sale Contract Date: Oct 29, 2009
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 71
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 Cocoa

Stats & Trends

Median Asking:

$274,250

Sale Price/ft²

$193

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1757 ft²

Average Home Age

46.4 years

Currently For Sale

119 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 502 A Lane, Cocoa, FL, 32926

$2,270 /mo

  • 4 Beds
  • 2 Baths
  • 1,340 ft²
502 A Lane, Cocoa, FL, 32926 Listing by Isabel A Castro

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Don E Wood, RE/MAX Aerospace Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 804398
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 395 Outer Drive built and last sold?
The property at 395 Outer Drive was built in 2004 and last sold on Apr 6, 2018 for $159,900.
How much is this home worth?
The estimated value of the home located at 395 Outer Drive is $0.
What are some comparable homes to 395 Outer Drive?
There are currently no comparable homes to 395 Outer Drive.
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