425 OUTER DRIVE
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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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Feb 18, 2026 | Listed by DAIGNAULT REALTY INC | $295,000 | |
| Listed by DAIGNAULT REALTY INC | |||
| Feb 3, 2026 | Listed by Daignault Realty Inc | $295,000 | |
| Listed by Daignault Realty Inc | |||
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Step into this well, maintained 3-bedroom, two bath home in 55+ community. Spacious kitchen, open concept, indoor laundry room, two car garage. Relax in the screened-in patio and enjoy peaceful water views or take a short walk to the community center and enjoy all they have to offer- beautiful views, shuffleboard, tennis courts, Pickleball court, heated pool, hot tub, pool tables, library, board games.....A monthly activity calendar offers many opportunities to stay active and enjoy your community. HOA dues are low and they cover cable, lawncare and security making this home comfortable and affordable. Welcome Home.
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| Jul 14, 2005 | Sold | ||
| Sold | |||
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About Cocoa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017