457 Blakey BOULEVARD
About This Property
As you step through the grand entrance, you are greeted by the elegance of high ceilings and an abundance of natural light, creating an airy and inviting atmosphere throughout the home. The first floor hosts a spacious primary bedroom and ensuite bathroom, providing a private retreat for ultimate comfort and convenience.
Ascend the staircase to the second floor, where three charming bedrooms await, all adorned with beautiful wood flooring. Take in the breathtaking views from not one, but two balconies, ideal for sipping your morning coffee or enjoying the vibrant Florida sunsets.
Step into the backyard, a true haven for relaxation and entertainment. Marvel at the panoramic canal views, where playful dolphins occasionally make an appearance. The backyard features an inviting entertaining area, complete with a bar and fire pit, creating the perfect setting for hosting gatherings with friends and family. The property boasts a stunning dock providing an ideal setting for fishing or launching a boat on the banks of the canal that opens up to the enchanting Banana River-a gateway to the vast expanse of the Atlantic Ocean. This residence offers not just a home but a lifestyle where every moment is infused with the beauty and tranquility of the water.
With a brand new metal roof and three-car garage providing ample storage and parking space, this home seamlessly combines practicality with luxury. Embrace the coastal lifestyle in this meticulously designed residence, where every detail has been carefully considered to offer you the epitome of waterfront living. This beautiful home in Cocoa Beach awaits – a haven where tranquility meets sophistication.
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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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Price Decreased |
$999,990
↓ $100K
(9.1%) | |
| Price Decreased | |||
| Feb 10, 2024 | Price Decreased |
$1,099,990
↓ $150K
(12%) | |
| Price Decreased | |||
| Jan 24, 2024 | Price Decreased |
$1,249,990
↓ $50K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017