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Brevard 32955 Silver Pines Estates
1011 Lee Avenue
Photo of 1011 Lee Avenue
Sold on Sep 20, 2021

1

Map

$167,500
● House - Off Market

1011 Lee Avenue

Rockledge, FL 32955
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,392 Ft²
$176,978
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

E-Z Walk to  Andersen Elem. 3 streets away/Be a big winner if your willing to  visualize what this home will look like if you do your own new flooring and painting/Some perks this home offers are new automatic gas whole house Generac back-up generator,storm shutters,Electrical Panel,central a/c & Gas Furnace/Updated Master bath w/shower seat and grab rails/Guest bath has ''walk-in'' shower/tub as seen on TV/10x23 attached enclosed room not included in living area has many uses, i.e. additional  bedroom or 2, hobby/craft room/home office or classroom/24x10 utility shed In back yard/No showings before 10am or after 6pm/2 hr  to show/Leased water heater & dryer/Owners here 35 years in process of thinning things out/Owner Occupant offers only 1st 7 days/Prefer ON-Line ShowingTime appointments. appointments.
Unit Size
1,392 Ft²
Days on Market
43 days
Land Size
0.19 acres
Price per sqft
$112
Property Type
House
Property Taxes
$41
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #912565)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Aug 8, 2021 Listed by Posey & Co $155,900
Listed by Posey & Co

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 356
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,622
  • Gross Building Area: 1,622
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER PINES ESTATES
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SILVER PINES ESTATES LOT 2 BLK C

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 063000

Zoning

  • Zoning: RU111

Geography

  • Assessors Map Reference: 205
  • Account Number: 2509992
  • Parcel: 25-36-17-03-0000C.0-0002.00
  • Block: C
  • Lot: 2
  • Meridian: SEC 17 TWN 25S RNG 36E
  • Municipality: UNINCORP DISTRICT 2
  • Latitude: 28.3135
  • Longitude: -80.7441

    Address

  • Full Address: 1011 Lee Ave
  • Address - House Number: 1011
  • Address - Street Name: Lee
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Rockledge
  • Carrier Code: C016
  • 4-Digit Zip Code: 3831
  • Zip Code: 32955

Valuation

    Tax

  • Total Area: 1,553
  • Tax Year: 2022
  • Tax Amount: $267,601
  • Tax Rate Code Area: 2300

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 275,668
  • High Value: 335,532
  • Low Value: 215,804

    Market Valuation

  • Market Total Value: $179,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $179,970

    Sales

  • Current Sale Contract Date: Sep 20, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021247626
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Silver Pines Estates

Stats & Trends

Median Asking:

$241,950

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1532 ft²

Average Home Age

56 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1110 Newton Circle, Rockledge, FL, 32955

$2,950 /mo

  • 5 Beds
  • 3 Baths
  • 2,926 ft²
1110 Newton Circle, Rockledge, FL, 32955 Listing by Lykim Wengert

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Wayne D Posey, Posey & Co
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 912565
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.

Frequently Asked Questions

When was property at 1011 Lee Avenue built and last sold?
The property at 1011 Lee Avenue was built in 1961 and last sold on Sep 20, 2021 for $167,500.
How much is this home worth?
The estimated value of the home located at 1011 Lee Avenue is $0.
What are some comparable homes to 1011 Lee Avenue?
There are currently no comparable homes to 1011 Lee Avenue.
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