$71,500
●
Condo -
Off Market
1065 June Drive #1065
Melbourne, FL 32935
2 Beds
1 Bath,
1
Half Bath
1,301 Ft²
$121,021
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Narrative: This stunning townhouse with 2 bedrooms and one and half
bath is quite possibly one of the best finds in all of Melbourne,
big, spacious rooms and open layouts, Washer Dryer connections,
condo features sparkling pool, fitness center, outdoor racquetball
courts, and playground... make this the perfect place to be!
Centrally located, is minutes from Melbourne International Airport,
Wuesthoff Medical Center, I-95, beaches, shopping and dining! Bring
your cash investors by and have them enjoy this great, income
producing property!
Unit Size
1,301 Ft²
Days on Market
30 days
Land Size
0.07 acres
Price per sqft
$61
Property Type
Condo
Property Taxes
$35
HOA Dues
$270
Year Built
1984
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Cap Rate Calculator
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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: 5 months ago (Space Coast MLS #797517)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by Coldwell Banker Realty | $174,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Beautiful Updated Condo. INVESTORS Tenant Occupied Condominium for you to get profit before wright way. Do not miss it. This is a perfect investment property. Open floor plan with dining room and family room that feels cozy and spacious. It is located in a AMAZING location in the middle of Melbourne , near everything.
| |||
| Oct 12, 2018 | Sold | ||
| Sold | |||
| Nov 5, 2017 | Listed by Coldwell Banker Realty | $79,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Dishwasher, Electric Water Heater
Flooring Type: Carpet, Vinyl
Exterior Details
Has Property Attached
Square Footage: 1301
Square Footage Source: $0
Year Built: 1984
Levels: Two
Construction Materials: Block, Concrete
Lot Features: Zero Lot Line
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Lot Size Square Feet: 3049
Financial Details
Tax Annual Amount: $414
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Maintenance Grounds, Pool
HOA Fee: $270
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/23/2022
|
2 Bed
|
1 Bath
|
1301 ft²
|
$174,900
2 Bed
1 Bath
1301 ft²
|
$174,900
06/23/2022
|
Olga Medina
Coldwell Banker Realty
| |
|
11/05/2017
|
2 Bed
|
1 Bath
|
1301 ft²
|
$79,900
2 Bed
1 Bath
1301 ft²
|
$71,500
-10.51%
10/12/2018
|
Kelli Ryan
One Sotheby's International
|
Building Info
About Melbourne
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Listed by: Mike Hanley, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 797517
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: 5 months ago
Data Source: Space Coast MLS, MLS# 797517
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Phone: 425-283-2930
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