413 N Indian River Drive
About This Property
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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 |
|---|---|---|---|
| Feb 3, 2026 | Sold | ||
| Sold | |||
| Dec 21, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Listed by Atlantic Group Real Estate | $1,450,000 | |
| Listed by Atlantic Group Real Estate | |||
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A sensational custom home with a newly built guest cottage (ADU) and attached carport located just steps from Historic Cocoa Village. Enjoy sweeping views of the Intracoastal Waterway from both the main residence and the guest cottage. A newly constructed 100' dock offers an exceptional waterfront setting for entertaining, with the potential to extend an additional 50'. Inside, the designer kitchen features luxurious quartz countertops, stainless steel appliances, and architectural upgrades throughout. Custom built-ins and thoughtful finishes elevate every space. An expansive screened front porch creates an inviting outdoor living and dining area where you can relax and take in the river breezes. The property also features a fenced area perfect for pets, a large storage shed, magnificent side patio, and a sprawling front lawn with plenty of room for expansion. Experience the perfect blend of refined design, and water views all just outside of Historic Cocoa Village.
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| Jul 10, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | Listed by Florida East Coast Real Estate | $1,195,000 | |
| Listed by Florida East Coast Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017