8
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65 River Falls Drive
About This Property
neighborhood grocery/deli, exclusive shops! If that isn't enough also play golf, tennis and swim at the Cocoa Beach Country Club! Notice in the photo the private locked gate to access the closest path to the beach, only two and half blocks away from the ocean!!
This is a great price for a lot in Cocoa Beach. On the barrier island lots are few and far between, usually have to tear down a home to find a build-able lo lo
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Price Decreased |
$945,000
↓ $5K
(0.5%) | |
| Price Decreased | |||
| Jul 23, 2024 | Price Decreased |
$950,000
↓ $95K
(9.1%) | |
| Price Decreased | |||
| Jul 10, 2024 | Relisted | $1,045,000 | |
| Relisted | |||
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About River Falls Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,000 /mo
- 3 Beds
- 3 Baths
- 2,744 ft²
$2,500 /mo
- Studio
- 1 Bath
- 500 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017