25
Map
427 Brightwaters 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 |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Listed by Denovo Realty | $1,350,000 | |
| Listed by Denovo Realty | |||
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This is the Cocoa Beach lifestyle people dream about! Perfectly positioned on a deep-water canal with direct access to the Banana River and just minutes to the locks and open ocean, this beautifully remodeled pool home delivers the ultimate luxury beach living. Spend your days boating to waterfront restaurants, enjoying sunset cruises or biking to the beach while experiencing everything that makes the Space Coast so special. Thoughtfully updated throughout, the property features an extensive list of upgrades including a metal roof, updated plumbing, new AC system, water heater, electrical panel, and a pavered circular driveway that creates incredible curb appeal. Step outside into your private waterfront retreat showcasing a brand-new pool completed in 2025, low-maintenance turfed yard space, a new seawall and dock, and a 10,000 lb boat lift ready for endless days on the water. Designed with both entertaining and privacy in mind, this spacious home offers en suite bathrooms for every bedroom along with multiple gathering spaces ideal for hosting family and guests. Luxury waterfront living, beachside convenience, and boating access all come together in this unforgettable Cocoa Beach home.
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| Jun 4, 2025 | Sold | ||
| Sold | |||
| Apr 20, 2025 | In contract | - | |
| In contract | |||
Property Highlights
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About Venetian Way
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017