Updated Dec 19, 2023
Florida East Coast Real Estate Acquires Single Family Property In Cocoa For $2.03M
3618 Indian River Drive, Cocoa, Florida 32926, United States
$2,027,000
$448/SF
Building Size
4,524 SF
Asset Type
Single Family Residence
Closing
Jun 29, 2022
About this deal
AI
The single-family property located at 3618 Indian River Drive in Cocoa has been sold. The transaction took place on June 30, 2022, with a sale price of $2,027,000. The property spans 4,524 square feet, resulting in a price per square foot of $448. The seller was represented by Jon Scott Santy from Florida East Coast Real Estate, Inc.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,027,000
- Square Footage: 4,524
- Price per Square Foot: $448
- Date: June 30, 2022
- Address: 3618 Indian River Drive, Cocoa
- Market: Cocoa
Jon Scott Santy, a representative from Florida East Coast Real Estate, Inc., acted as the broker in this sale transaction.
Cocoa Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $448 per square foot on a published $2M for 4,524 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93