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Cocoa 32926
765 Outer Drive
$125,500
● Mobile Manufactured - Off Market

765 Outer Drive

Cocoa, FL 32926
bedrooms
2 Beds
bathrooms
2 Baths
$214,094
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Immaculate inside and out!  Spacious 2 bedroom/ 2bath home in the Lost Lakes 55+ community.  Newer appliances and air conditioning.  Don't miss the opportunity to own this lovely home in this active, secure community with a common pool, tennis court and clubhouse.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Mobile Manufactured
Property Taxes
$80
HOA Dues
$192
Year Built
2003

Payment Calculator

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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: 3 years ago (Space Coast MLS #781790)

Price History

Date / Event Date Event Price
May 24, 2017 Sold
Premium
Sold
Apr 27, 2017 Listed by RE/MAX Aerospace Realty $132,500
Listed by RE/MAX Aerospace Realty
Aug 28, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • 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: 4
  • Garage Square Area: 416
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,471
  • Gross Building Area: 1,471
  • Building Area: 1,471
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,471
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHWEST LAKES
  • Land Acres: 0000000240
  • 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 III UNIT 363 NORTHWEST LAKES CONDO PHASE 3 AS DESC IN ORB 4230 PG 3599 AND ALL AMENDMENTS THERETO

Neighborhood

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

Zoning

  • Zoning: TR-3

Geography

  • Assessors Map Reference: 153
  • Account Number: 2455251
  • Subdivision Phase Number: 3
  • Parcel: 24-35-22-00-00753.0-0363.00
  • Block: 753
  • Lot: 363
  • Meridian: SEC 22 TWN 24S RNG 35E
  • Municipality: COCOA
  • Latitude: 28.3792
  • Longitude: -80.8091

    Address

  • Full Address: 765 Outer Dr
  • Legal Unit: 363
  • Address - House Number: 765
  • Address - Street Name: Outer
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Cocoa
  • Carrier Code: R014
  • 4-Digit Zip Code: 2566
  • Zip Code: 32926

Valuation

    Tax

  • Total Area: 1,471
  • Tax Year: 2022
  • Tax Amount: $86,949
  • Tax Rate Code Area: 13D0

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 208,519
  • High Value: 299,605
  • Low Value: 117,432

    Market Valuation

  • Market Total Value: $164,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,280

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2017
  • Current Sale Recording Date: May 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017109274
  • Previous Sale Recording Date: Aug 28, 2003
  • Previous Sale Contract Date: Aug 26, 2003
  • Previous Sale Amount: $114,700
  • 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:

$264,950

Sale Price/ft²

$195

Below Asking

0.03%

Average Days on Market

72

Average Home Size

1825 ft²

Average Home Age

44.9 years

Currently For Sale

164 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 304 Sun Dial Court, COCOA, FL, 32926

$1,650 /mo

  • 2 Beds
  • 2 Baths
  • 924 ft²
304 Sun Dial Court, COCOA, FL, 32926 Listing by Vincent Cumberbatch
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: Migdalia De Leon Coffin, RE/MAX Aerospace Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 781790
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 765 Outer Drive built and last sold?
The property at 765 Outer Drive was built in 2003 and last sold on May 15, 2017 for $125,500.
How much is this home worth?
The estimated value of the home located at 765 Outer Drive is $0.
What are some comparable homes to 765 Outer Drive?
There are currently no comparable homes to 765 Outer Drive.
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