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Cocoa 32926
635 Outer Drive
$160,000
● Mobile Manufactured - Off Market

635 Outer Drive

Cocoa, FL 32926
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,512 Ft²
$198,956
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Two Living Areas in this very well maintained fully furnished 3 bedroom, 2 bath unit with beautiful laminate floors. New roof, windows, and AC in 2020. Large laundry room, kitchen has a new oversized sink in the island. A car carport and there is a place to park your RV. Stop by and see this home in Lost Lakes. A very active 55+ community where you own the land, it won't last long. Are you ready for the Florida Lifestyle? Lost Lakes has everything from a heated pool, large hot tub, clubhouse to play pool or work out. Sit by the lake, play pickle ball, or watch all of the rocket launches that are happening on the Space Coast of Florida. Centrally located 30 minutes to the beach, Orlando, or the airport.
Unit Size
1,512 Ft²
Days on Market
51 days
Land Size
0.18 acres
Price per sqft
$106
Property Type
Mobile Manufactured
Property Taxes
$82
HOA Dues
$202
Year Built
2005

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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: 5 months ago (Space Coast MLS #893961)

Price History

Date / Event Date Event Price
Mar 18, 2021 Sold
Premium
Sold
Jan 10, 2021 Listed by Florida East Coast Real Estate $160,000
Listed by Florida East Coast Real Estate
May 19, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 2
  • 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: 3
  • Garage Square Area: 276
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWEST LAKES
  • Land Acres: 0000000250
  • Standard Land Use Code: 1006
  • County Land Use Code: 0422
  • State Land Use Code: 004
  • Mobile Home Indicator: T
  • Legal Description 1: NORTHWEST LAKES CONDO PH VI UNIT 125 NORTHWEST LAKES CONDO PH VI AS DESC IN ORB 5411 PG 5545 AND ALL AMENDMENTS THERETO

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071205

Zoning

  • Zoning: TR-3

Geography

  • Account Number: 2458184
  • Subdivision Phase Number: VI
  • Parcel: 24-35-22-00-00756.J-0000.00
  • Block: 756.J
  • Meridian: SEC 22 TWN 24S RNG 35E
  • Municipality: COCOA
  • Latitude: 28.381
  • Longitude: -80.8119

    Address

  • Full Address: 635 Outer Dr
  • Legal Unit: 125
  • Address - House Number: 635
  • Address - Street Name: Outer
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: R014
  • 4-Digit Zip Code: 1809
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 1,512
  • Tax Year: 2022
  • Tax Amount: $299,534
  • Tax Rate Code Area: 13D0

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 191,957
  • High Value: 275,808
  • Low Value: 108,105

    Market Valuation

  • Market Total Value: $153,470

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $153,470

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021068486
  • Previous Sale Recording Date: May 19, 2005
  • Previous Sale Contract Date: May 13, 2005
  • Previous Sale Amount: $145,100
  • Previous Sale Document Type: 20
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 Cocoa

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$195

Below Asking

0.03%

Average Days on Market

70

Average Home Size

1867 ft²

Average Home Age

44.5 years

Currently For Sale

153 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 3737 Chambers Lane, Cocoa, FL, 32926

$1,950 /mo

  • 4 Beds
  • 2 Baths
  • 1,743 ft²
3737 Chambers Lane #5, Cocoa, FL, 32926 Listing by Christine Daignault-Taylor
Unit for rent at 122 Scenic Drive, Cocoa, FL, 32926

$1,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,410 ft²
122 Scenic Drive #255, Cocoa, FL, 32926 Listing by Pamela Meyer

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Darlene E Quivey, Florida East Coast Real Estate
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 893961
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 635 Outer Drive built and last sold?
The property at 635 Outer Drive was built in 2005 and last sold on Mar 9, 2021 for $160,000.
How much is this home worth?
The estimated value of the home located at 635 Outer Drive is $0.
What are some comparable homes to 635 Outer Drive?
There are currently no comparable homes to 635 Outer Drive.
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