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Sharpes 32926
499 Louis Drive
$54,000
● Mobile Manufactured - Off Market

499 Louis Drive

Cocoa, FL 32926
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$101,538
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

REDUCED, REDUCED, REDUCED!!!!  THIS HOME IS A DIAMOND IN A ROUGH. NEEDS SOME TLC BUT COULD BE BROUGHT BACK TO SHINE. QUIT NEIGHBORHOOD, NICE SIZED FENCED IN BACKYARD, NEWER A/C, CLOSE TO I-95 AND 528.  REDUCED PRICE TO REFLECT ALL NEEDED REPAIRS AND REPLACEMENT OF CHINESE DRYWALL.
Unit Size
1,560 Ft²
Days on Market
19 days
Land Size
0.24 acres
Price per sqft
$42
Property Type
Mobile Manufactured
Property Taxes
$110
HOA Dues
-
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 6 months ago (Space Coast MLS #801713)

Price History

Date / Event Date Event Price
Mar 8, 2018 Sold
Premium
Sold
Jan 5, 2018 Listed by RE/MAX The Home Center $64,900
Listed by RE/MAX The Home Center
Jan 1, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 17
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACREAGE
  • Land Acres: 0000000240
  • Standard Land Use Code: 1006
  • County Land Use Code: 0213
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: PART OF S 9 1/2 AC OF N 12 3/4 AC OF NE 1/4 OF NE 1/4 LYING W OF US 1 & S OF LOUIS DR AS DES IN ORB 2206 PG 1694

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 062112

Zoning

  • Zoning: TR-1

Geography

  • Assessors Map Reference: 136
  • Account Number: 2410952
  • Parcel: 24-36-07-00-00002.2-0000.00
  • Block: 2.2
  • Meridian: SEC 07 TWN 24S RNG 36E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.4178
  • Longitude: -80.7569

    Address

  • Full Address: 499 Louis Dr
  • Address - House Number: 499
  • Address - Street Name: Louis
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: C029
  • 4-Digit Zip Code: 8750
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 1,560
  • Tax Year: 2022
  • Tax Amount: $96,187
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 1400

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 192,722
  • High Value: 235,124
  • Low Value: 150,321

    Market Valuation

  • Market Total Value: $94,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,660

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 08, 2018
  • Current Sale Recording Date: Mar 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018052036
  • Previous Sale Recording Date: Jan 01, 2016
  • Previous Sale Contract Date: Jan 01, 2016
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
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 Sharpes

Stats & Trends

Median Asking:

$371,195

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

75

Average Home Size

2009 ft²

Average Home Age

27.3 years

Currently For Sale

23 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

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SpaceCoast

Listed by: Danna Schweim, RE/MAX The Home Center
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 801713
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 499 Louis Drive built and last sold?
The property at 499 Louis Drive was built in 2006 and last sold on Mar 8, 2018 for $57,300.
How much is this home worth?
The estimated value of the home located at 499 Louis Drive is $0.
What are some comparable homes to 499 Louis Drive?
There are currently no comparable homes to 499 Louis Drive.
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