424 N 4th Street N
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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%.
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | Listed by RE/MAX Aerospace Realty | $732,000 | |
| Listed by RE/MAX Aerospace Realty | |||
| | |||
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DIRECT Waterfront 3 BR 2 BA Coastal Home in the Heart of Downtown Cocoa Beach. River access in your backyard & a world famous beach just down the street! Open, split plan home with brand NEW vinyl plank flooring. Natural stone fireplace. ALL the PLUMBING pipes REPLACED to the street connection. Waterfront with access to the Banana River & Thousand Islands. Primary bedroom with direct waterfront views and ensuite bathroom. Guest wing with 2 bedrooms and full bathroom. Dock to watch the manatees & dolphin visitors. Outdoor shower to wash off the beach sand. Storm shutters. Space for RV/BOAT PARKING. Deep garage. Highly desirable location on N Fourth Street with access to River, Beach, and Downtown Restaurants, Shops, & Events. Rentals permitted. Come experience the beach island lifestyle!
| |||
| May 16, 2018 | Sold | ||
| Sold | |||
| May 9, 2017 | Listed by Ocean Realty Inc | $410,000 | |
| Listed by Ocean Realty Inc | |||
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About Convair Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017