Score
0Cocoa, FL
6540 Kingdom Ave
237K
3 beds
2 baths
981 sqft
3 bd • 2 ba • 981 sf
This analysis was generated on 2/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$236,500
Price/Sq.Ft
$241
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Relatively affordable price: At $236,500, the property may be an attractive option for first-time homebuyers or those seeking an entry-level property in Cocoa, FL.
• Potential rental income: The estimated rental income for a 3-bedroom property in Cocoa is $1,834 per month, which could help offset mortgage costs. This represents a potential gross rental yield of approximately 9.3% per year, based on the property's asking price.
• Proximity to Space Coast attractions: Cocoa, FL is located on Florida's Space Coast, which offers access to beaches, Kennedy Space Center, and other attractions. This could make the property attractive to tourists or those seeking a vacation home.
The Bad
• Unknown year built: This lack of information makes it difficult to assess the property's condition and potential for future repairs. It also raises questions about compliance with current building codes.
• No property features or description: This absence of information makes it difficult to assess the property's value and desirability. Potential buyers will need to rely solely on a physical inspection to determine its condition and features.
• Small square footage: At 981 sqft, the property is smaller than the average single-family home in Cocoa, FL. This may limit its appeal to buyers who require more living space. According to the US Census Bureau, the average new home is about 2,500 sqft. This property is significantly smaller than that.
• Lack of utility information: The absence of utility information makes it difficult to estimate monthly expenses. Potential buyers will need to contact the utility companies directly to obtain this information.
The Ugly
• Potential for significant repairs and renovations: The lack of property features and description, combined with the unknown year built, suggests that the property may require significant repairs and renovations. This could add substantially to the overall cost of ownership.
• High insurance costs: Cocoa, FL is located in a hurricane-prone zone, which means that homeowner's and flood insurance rates are likely to be high. This can add significantly to the monthly cost of ownership.
• Potential for mold and pest issues: Florida's humid climate is conducive to mold growth and pest infestations. Regular inspections and preventative measures are necessary, which can add to the cost of ownership.
• Market Volatility: Property values in Cocoa can be influenced by the space industry and tourism. Downturns in these sectors can negatively impact property values.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• First-time homebuyers seeking an entry-level property in Cocoa, FL. The property's price point may be attractive to those entering the market, but they should carefully consider potential renovation costs.
• Buyers interested in a property with rental income potential. The estimated rental income for a 3-bedroom property in Cocoa is $1,834 per month, which could offset mortgage costs.
• Individuals or small families seeking a compact, low-maintenance home. The 981 sqft size may appeal to those who prefer a smaller living space and lower utility bills.
Not For
• Buyers seeking a move-in ready property. The absence of property features and description suggests that the property may require significant renovations or updates.
• Individuals or families requiring ample living space. At 981 sqft, the property may feel cramped for larger households or those who prefer spacious interiors.
• Buyers with limited financial resources. The potential for unexpected repairs and maintenance costs, combined with the need for flood and homeowner's insurance, may strain a tight budget.
Demographics
Area Median Income
$72,276
Property History
Price History
Ownership Timeline
$160,000Financed
Mar 5, 2021Filomena Judith GohlkeJason Rapisarda
Warranty Deed
Standard Sale (Purchase/Resales)
$145,000Financed
Oct 14, 2005Stephen Cintron, Amy CintronFilomena Judith Gohlke
Warranty Deed
Standard Sale (Purchase/Resales)
$82,000Financed
Dec 2, 2003Theodore A McnealStephen Cintron, Amy Cintron
Warranty Deed
Standard Sale (Purchase/Resales)
$33,000Financed
Dec 3, 1999Veterans AffairsTheodore A Mcneal
Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Mar 31, 1998Clerk Circuit CourtVeterans Affairs
Foreclosure
Foreclosure
Sunlight Analysis
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Sunlight Analysis
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Financials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$962
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$236,500
Price/sqft
$241
Layout
3 bd•2 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$270,708
12.6%
Your price is 12.6% below average
Median Price
$283,000
16.4%
Based on 6 recent sales
Price per Sq.Ft
$253
4.7%
Your price is 4.7% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 7310 Darien Road, Cocoa, FL 32927 | $300,000 | 1,100 | 3 | 2 | $27313.1% | 1/8/2025 |
| 4180 Skyway Drive, Cocoa, FL 32927 | $283,250 | 1,008 | 2 | 2 | $28116.6% | 11/6/2024 |
| 6485 Greenwood Avenue, Cocoa, FL 32927 | $258,000 | 1,014 | 2 | 2 | $2545.5% | 10/30/2024 |
| 6221 JANINA ROAD, COCOA, FL 32927 | $250,000 | 1,118 | 3 | 2 | $2247.2% | 11/27/2024 |
| 6221 Janina Road, Cocoa, FL 32927 | $250,000 | 1,118 | 3 | 2 | $2247.2% | 11/27/2024 |
| 6950 Caliph Avenue, Cocoa, FL 32927 | $283,000 | 1,070 | 3 | 2 | $2649.7% | 10/30/2024 |
7310 Darien Road, Cocoa, FL 32927
Price: $300,000
Sq.Ft: 1,100
Beds/Baths: 3/2
$/Sq.Ft:
$27313.1%
Sale Date: 1/8/2025
4180 Skyway Drive, Cocoa, FL 32927
Price: $283,250
Sq.Ft: 1,008
Beds/Baths: 2/2
$/Sq.Ft:
$28116.6%
Sale Date: 11/6/2024
6485 Greenwood Avenue, Cocoa, FL 32927
Price: $258,000
Sq.Ft: 1,014
Beds/Baths: 2/2
$/Sq.Ft:
$2545.5%
Sale Date: 10/30/2024
6221 JANINA ROAD, COCOA, FL 32927
Price: $250,000
Sq.Ft: 1,118
Beds/Baths: 3/2
$/Sq.Ft:
$2247.2%
Sale Date: 11/27/2024
6221 Janina Road, Cocoa, FL 32927
Price: $250,000
Sq.Ft: 1,118
Beds/Baths: 3/2
$/Sq.Ft:
$2247.2%
Sale Date: 11/27/2024
6950 Caliph Avenue, Cocoa, FL 32927
Price: $283,000
Sq.Ft: 1,070
Beds/Baths: 3/2
$/Sq.Ft:
$2649.7%
Sale Date: 10/30/2024
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