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Brevard 32926 Canaveral Groves
4820 Tokay Avenue
$49,000
● Land - Off Market

4820 Tokay Avenue

Cocoa, FL 32926
bedrooms
Studio
bathrooms
0 Bath
$75,500
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

The lot seems to be high and dry and according to Brevard County the property is not located in a flood or wetland zone.  80 truck loads of fill dirt have been delivered just waiting for the lucky owner to build their dream home.  Property is mostly fenced.  Located a short distance to Kennedy Space Center, the Beaches and Medical Facilities.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$77
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Space Coast MLS #815369)

Price History

Date / Event Date Event Price
Jul 25, 2018 Sold
Premium
Sold
May 30, 2018 Listed by Dale Sorensen Real Estate Inc. $49,900
Listed by Dale Sorensen Real Estate Inc.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 3,500
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CANAVERAL GROVES SUBD REPLAT UNIT 2 SHEE
  • Land Acres: 0000001000
  • Standard Land Use Code: 8010
  • County Land Use Code: 0010
  • Legal Description 1: CANAVERAL GROVES SUBD REPLAT UNIT 2 SHEET 4 LOT 7 BLK 28

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071202

Zoning

  • Zoning: AU

Geography

  • Assessors Map Reference: 123A
  • Account Number: 2401759
  • Parcel: 24-35-04-01-00028.0-0007.00
  • Block: 28
  • Lot: 7
  • Meridian: SEC 04 TWN 24S RNG 35E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.4275
  • Longitude: -80.823

    Address

  • Full Address: 4820 Tokay Ave
  • Legal Unit: 2
  • Address - House Number: 4820
  • Address - Street Name: Tokay
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Cocoa
  • Carrier Code: R011
  • 4-Digit Zip Code: 2283
  • Zip Code: 32926

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $60,904
  • Tax Rate Code Area: 1400

    Market Valuation

  • Market Total Value: $49,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,000

    Sales

  • Current Sale Contract Date: Jul 23, 2018
  • Current Sale Recording Date: Jul 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018166213
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Canaveral Groves

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$282

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2102 ft²

Average Home Age

29.9 years

Currently For Sale

16 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4380 Temple Street, Cocoa, FL, 32926

$1,995 /mo

  • 2 Beds
  • 1 Bath
  • 864 ft²
4380 Temple Street, Cocoa, FL, 32926 Listing by Lorrie A Lovett

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Maria Hein Jackson, Dale Sorensen Real Estate Inc.
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 815369
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 4820 Tokay Avenue built and last sold?
The property at 4820 Tokay Avenue was built in and last sold on Jul 23, 2018 for $49,000.
How much is this home worth?
The estimated value of the home located at 4820 Tokay Avenue is $0.
What are some comparable homes to 4820 Tokay Avenue?
There are currently no comparable homes to 4820 Tokay Avenue.
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