39
Map
$185,000
●
House -
Off Market
511 Cressa Circle
Cocoa, FL 32926
3 Beds
2 Baths
1,999 Ft²
$300,991
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
Welcome home! this home offers 3, bedrooms,2 bath, plus bonus
room for additional bedroom or office. Kitchen offers generous
counter space, breakfast bar, stainless appliances, desk area, plus
plenty of cabinet space. plantation shutters for windows,
decorative fans & lighting throughout. home has a living
room, dining room combo, family room with doors to screened patio
with beautiful views of the lake, stocked with fish, patio slab for
all your bbq needs. The master bedroom shows large &
offers a master bathroom with separate tub & shower ready for
the new king & queen. The Landscaping will wow you as soon as you
drive up to this home. Great neighborhood with a community
playground, tennis and basketball courts, picnic gazebos and a
hiking trail.
Unit Size
1,999 Ft²
Days on Market
86 days
Land Size
0.12 acres
Price per sqft
$95
Property Type
House
Property Taxes
$21
HOA Dues
$29
Year Built
2004
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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: 5 months ago (Space Coast MLS #787283)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jul 1, 2024 | Price Decreased |
$357,000
↓ $13K
(3.5%) | |
| Price Decreased | |||
| May 30, 2024 | Listed by Coldwell Banker Paradise | $370,000 | |
| Listed by Coldwell Banker Paradise | |||
   | |||
|
Built in 2004, this Mercedes built Seville floor plan has a bright open, flexible floor plan with views of the community pond. New waterproof vinyl flooring installed in May throughout house. White washed cabinetry in kitchen & bathrooms. Tropical, palm leaf style ceiling fans in many rooms. Plantation Shutters. Screened front entrance & rear patio. Interior laundry. Textured ceilings. Updates: roof - 2017, HVAC w/UV light - 2019, garbage disposal - 2022, dishwasher - 2023, refrigerator - 2017, smoke detectors - 2023, Gutters - 2021. Floor plan designed with formal spaces at entry ... open concept for kitchen & family room ... bonus flex space between guest bedrooms. Primary bedroom features walk in closet, en-suite with shower and garden tub plus pond views.
Fern Meadows features community playground, tennis, basketball, picnic gazebos & walking trails all alongside a community pond. Convenient location near Hwy 520 & I-95 ... easy access to KSC, cruise port, Orlando & beaches.
| |||
| Dec 19, 2017 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Fern Meadows
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Listed by: Susan A Tillman, RE/MAX Elite
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 787283
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.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 787283
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