$295,000
●
House -
Off Market
5465 Pine Street
Cocoa, FL 32927
4 Beds
2 Baths
1,825 Ft²
$440,104
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Complete freedom is the best way to describe this private paradise.
Quietly situated on a staggering 2.23 acre lot, this sanctuary for
humans and animals is ripe for the picking. Some features of the
home are tile floors, brand new carpet in 2 bedrooms, new AC, and a
50 year metal roof to name a few. The land upon which the home sits
offers much more to the outdoor enthusiast. Enjoy your evening
viewing the koi pond or on the oversized gazebo spending time with
your horses. The property also features fully functional horse
amenities (Please see supplemental data in the documents section
for more information on stables, etc.), with the horse trails only
a stones throw away, and chicken coop. In short, the very picture
of country living available to you now. Really a must see.
Unit Size
1,825 Ft²
Days on Market
84 days
Land Size
2.23 acres
Price per sqft
$164
Property Type
House
Property Taxes
$145
HOA Dues
-
Year Built
1996
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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 #807244)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by BLUE MARLIN REAL ESTATE | $460,000 | |
| Listed by BLUE MARLIN REAL ESTATE | |||
| | |||
|
This 2.23-acre property offers a perfect blend of space and potential. 1.5-acres is secured by an aluminum fence featuring an electric gate, with provisions for installing future light fixtures and keypad entry. The 4-bed, 2- full bath residence awaits a touch of TLC, promising a canvas for personalized transformation. The property boasts a gazebo with power, a functional shed, and a spacious metal carport at the rear. Two irrigation wells cater to landscaping needs, complemented by a dedicated generator outlet. Topping it off, a durable metal roof ensures longevity and resilience, making this property a canvas for both creativity and functionality.
| |||
| Jul 26, 2019 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by Keller Williams Realty Brevard | $299,900 | |
| Listed by Keller Williams Realty Brevard | |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Canaveral Groves
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Currently no similar homes aroundNearby Rentals
Listed by: Bradley Griffin, Keller Williams Realty Brevard
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 807244
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# 807244
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