The details you provided for the property are:
- List Price: $217,900
- Address: 3720 W Malory Ct, Cocoa, FL 32926
- Bedrooms (beds): 3
- Bathrooms (baths): 2
- Square Footage (sqft): 1,291
- Property Type: Single-Family
- Year Built: 2002
- Estimated Refinance Payment: $1,422/mo
Analysis of the Price and Property
Based on the details and recent real estate data for the Cocoa, FL 32926 zip code:
- Estimated Value: The list price of $217,900 is very close to some third-party value estimates, such as a $217,000 Zestimate.
- Comparable Sales (Comps): Recently sold single-family homes in the 32926 area with similar specifications show a wide range in prices due to variations in size, age, condition, and specific location, but the asking price of $217,900 is notably low compared to many 3-bedroom sales in the area:
- A 3-bed, 2-bath, 1,184 sqft home sold for $262,000.
- A 3-bed, 2-bath, 1,452 sqft home sold for $291,000.
- A 3-bed, 2-bath, 1,404 sqft home sold for $279,900.
- Some smaller homes or those in different sections of the zip code have sold for less (e.g., a 3-bed, 2-bath, 1,066 sqft home sold for $199,000).
Key Takeaway:
The list price of $217,900 for a 3-bed, 2-bath home built in 2002 appears to be at the lower end of the market range for comparable homes in the Cocoa, FL 32926 area. This could indicate a competitive price for a quick sale, or it could reflect the specific condition of the property (which is unknown from this data).
If you are a potential buyer, given the relatively low price compared to many nearby comps, it is crucial to perform a thorough inspection to understand the condition of the home and why the price is set at this level.
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