4335 Tangelo Avenue
About This Property
Here's your chance to own a property with incredible potential in a peaceful Cocoa neighborhood! This 3-bedroom, 2-bath home offers 1,404 square feet of living space and sits on over an acre of land, providing plenty of room to grow, build, or simply enjoy the extra space.
The home features a traditional floor plan with a spacious living area, a large kitchen footprint ready for a custom update, and generously sized bedrooms. While it needs some TLC, the structure offers a great foundation for renovation-whether you're a first-time buyer with a vision, an investor looking for your next project, or someone ready to create your dream home.
Outside, the expansive lot offers endless possibilities: build a workshop, install a pool, create a garden, or enjoy the wide-open space with no HOA restrictions.
Home is located near Fairglen Elementary and Cocoa High School, and just minutes from shopping, dining, and major roadways like I-95.
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Cap Rate Calculator
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 1, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 1, 2025 | Listed by CENTURY 21 Baytree Realty | $279,900 | |
| Listed by CENTURY 21 Baytree Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017