1
Map
$500,000
●
House -
Off Market
8 Point View Place
Cocoa, FL 32926
3 Beds
2 Baths
2,627 Ft²
$860,495
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
Set high atop a hill near the Indian River, this magnificent custom
home is truly one-of-kind. From hand-hewn hardwood floors floating
on cork, to an extravagant gourmet kitchen with endless high-end
appliances such a Sub Zero, built-in steam oven, 2 dishwashers,
wine refrigerator, wall ovens, warming drawer, built-in microwave
drawer and virtually endless custom cabinetry. The house is
hurricane ready by automatic hurricane shutters. A luxurious master
suite opens to a finished sun porch and large great room. The media
room upstairs has a custom wet bar, built in entertainment cabinets
and a large balcony that affords views of the Indian River and
magical sunrises. The home includes intercom, music and security
systems. Delightful landscaping and a babbling brook in the
backyard.
Unit Size
2,627 Ft²
Days on Market
61 days
Land Size
0.40 acres
Price per sqft
$209
Property Type
House
Property Taxes
$472
HOA Dues
$8
Year Built
1990
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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: 4 months ago (Space Coast MLS #799840)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2018 | Sold | ||
| Sold | |||
| Dec 4, 2017 | Listed by Dale Sorensen Real Estate Inc. | $550,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Sep 2, 2017 | Listed | $590,000 | |
| Listed | |||
| | |||
|
Custom,Custom,Custom Water Access Home! Top to bottom of this home is custom! Hand scraped hardwood floors,to custom built cabinets in Kitchen,Living Room & even the wet bar,beautiful ceilings,gorgeous painting & decorative touches throughout.The lighting is stunning & all the small touches along w/a gourmet kitchen throughout make this a Dream Home w/ Water Access! Almost every window has electric roll down hurricane shutters. Laundry located off the kitchen. Oversized Garage w/so much storage.Enjoy water views & Sunrises from your 2nd story balcony.Lots of room to park a boat,RV,etc.12 homes share the boat dock, a boat lift can be added by new homeowner. There is NO OTHER home like this one!40 minutes to Orlando, 20 minutes to Melbourne,lots of shopping and dining.Beach is 15 minutes. The manager has listed the unit size as 2969 square feet.
| |||
| Jul 29, 2017 | Listed by Dale Sorensen Real Estate Inc. | $569,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About Point View Place
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Currently no similar homes aroundNearby Rentals
Listed by: Jon Scott Santy, Dale Sorensen Real Estate Inc.
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 799840
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: 4 months ago
Data Source: Space Coast MLS, MLS# 799840
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