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4172 BALSA PLACE
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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Aug 10, 2026 | Listed by STELLAR NON-MEMBER OFFICE | $165,000 | |
| Listed by STELLAR NON-MEMBER OFFICE | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by Blue Marlin Real Estate | $170,000 | |
| Listed by Blue Marlin Real Estate | |||
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Cedar Lakes Community offer this beautifully remodeled 2-bedroom, 2-bath home with attached 1-car garage in Cocoa, Florida! Including a brand-new A/C unit, fresh interior and exterior paint, decorative concrete stone veneer exterior accents, aluminum siding, waterproof vinyl plank flooring, new ceiling fans, updated lighting and electrical features, new interior doors and hardware, and NO carpet. The kitchen features new cabinetry, countertops, stainless steel appliances, and a center island with additional storage. Bathrooms has been tastefully updated with a new vanity, toilets, and shower. The spacious primary suite includes double closets. Washer and dryer are included, and furniture is negotiable.
Enjoy low-maintenance Florida living with a private screened porch, attached 12x22 garage with electric opener, low electric bills thanks to excellent insulation, and an $230 HOA that includes cable, internet, lawn maintenance, exterior pest control, pool, clubhouse, fishing pond, and more.
NOT a 55+ community and NO land lease -- owners own the land! Conveniently located near shopping, dining, beaches, Orlando, and the Space Coast attractions.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017