35
Map
$349,000
●
House -
Off Market
100 Oak Lake Road
Melbourne, FL 32901
3 Beds
2 Baths
1,596 Ft²
$357,057
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
BACK ON MARKET (buyer financing fell through) This bright and airy,
well-maintained, open concept home is situated on a corner lot for
optimal privacy and space! Upon entering you will notice two new
skylights that create an abundance of natural sunlight with neutral
paint colors and flooring. The roof is 4 years old, has an updated
kitchen, updated stainless appliances, GAS range, custom barn door
on the main bath, and all rooms have new remote powered fans,
Garage storage rack, security system, and hurricane shutters! This
home also features a screened in garage for those late evenings, a
large screened porch great for entertaining with a fully fenced
yard for complete PRIVACY, and irrigation for easy yard
maintenance. (hit more for more details!) This quant neighborhood
is conveniently located near a large shopping mall, medical
facilities, entertainment, dining, Golf, Beaches, FlT, L3 Harris,
Northrup Grumman and Hwy I-95! Low Annual Dues. Floor Plan
attached.
Unit Size
1,596 Ft²
Days on Market
33 days
Land Size
0.18 acres
Price per sqft
$219
Property Type
House
Property Taxes
$69
HOA Dues
$22
Year Built
1992
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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: 2 months ago (Space Coast MLS #935162)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Listed by Florida Rlty. & Commercial LLC | $314,000 | |
| Listed by Florida Rlty. & Commercial LLC | |||
   | |||
|
Welcome home, where comfort, care, and charm come together in perfect harmony. This beautiful corner-lot home has been lovingly maintained and radiates warmth from the moment you arrive. Step inside to sun-filled living spaces enhanced by skylights that create an open, airy feel throughout. The kitchen is the heart of the home, featuring stainless-steel appliances and space to gather for family dinners or morning coffee. Enjoy your own private retreat in the fully fenced backyard, complete with a screened porch ideal for playtime, pets, or relaxing evenings outdoors. With a recently updated roof (2018), a newer A/C unit (Nov. 2022), and hurricane shutters, you'll have peace of mind for years to come. No more carpet, enjoy laminate flooring for easy maintenance in the bedrooms. Perfectly located near schools, shopping, dining, and beaches, this Melbourne home offers the lifestyle you've been dreaming of. Don't miss your chance to make it yours — homes like this don't last!
| |||
| Jul 20, 2022 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by EXP Realty LLC | $349,000 | |
| Listed by EXP Realty LLC | |||
Show More
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About South Lakes
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Listed by: Megan Ryker, EXP Realty LLC
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 935162
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: 2 months ago
Data Source: Space Coast MLS, MLS# 935162
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