550 Capri Road
About This Property
This tropical Florida gem is only 1 block from world famous Cocoa Beach and within walking distance to shopping, dining, downtown Cocoa Beach and excellent A rated schools! This charmer boasts a huge yard with plenty of space to add a pool with lots of room left over for the family pets to run. Gorgeous wood burning fireplace, 2 car garage with plenty of storage, tile and laminate flooring throuout. Brand new electrical panel. Roof is sound!
This home may need a few updates, but it is priced with that in mind and with infinite possibilities to make it your own piece of paradise!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | No longer available | - | |
| No longer available | |||
| Sep 8, 2023 | Listed by Coldwell Banker Realty | $579,000 | |
| Listed by Coldwell Banker Realty | |||
| May 6, 2020 | Sold | ||
| Sold | |||
| Feb 2, 2020 | Listed by Coldwell Banker Realty | $300,000 | |
| Listed by Coldwell Banker Realty | |||
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About Cocoa Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017