475 Dempsey Drive
About This Property
Employees of Bank of America or its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by Bank of America.
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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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by Coconut Properties Fl Real Est | $539,000 | |
| Listed by Coconut Properties Fl Real Est | |||
| | |||
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Discover this beautifully updated 4 bedroom 2 bath home just minutes from the beach in Cocoa Beach. Featuring energy efficient windows, updated flooring, and modern kitchen cabinets. This home is a work in progress with a bright, open layout. Enjoy the best in Florida living-only 1 hour and 15 minutes from Disney and less than 15 minutes to the cruise lines at Port Canaveral. Located less than 500 feet from McNabb park...bring you kayak and paddle boards.
All work is scheduled to be completed the first week in October.
Also has potential to be a 3 bath home with recent renovation.
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| Oct 1, 2021 | Sold | ||
| Sold | |||
| Nov 17, 2014 | Sold | ||
| Sold | |||
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About Convair Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017