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Sebastian 32958
107 Tracy Drive
$475,000
● House - Off Market

107 Tracy Drive

Sebastian, FL 32958
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$2,548
Est. Monthly
5.28%
Cap Rate

About This Property

Welcome Home! This 4-bed, 2-bath home offers 2,000 sqft of comfort and style. Interior boasts vaulted ceilings and a spacious, open floor plan with Bamboo floors. Enjoy the screened pool, resurfaced in 2021. Relax knowing your whole-house generator, impact glass sliders, and accordion shutters have you covered. The roof was replaced in 2021, and the A/C in 2019, ensuring modern efficiency. Nestled on a spacious corner lot with no HOA, this home is perfect for easy living and entertaining. The 2-car garage with an extra pad for RV/boat parking and 10x14 shed provide ample storage. Rm sz approx.
Unit Size
2,000 Ft²
Days on Market
83 days
Land Size
0.29 acres
Price per sqft
$243
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
2005

Payment Calculator

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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: 2 years ago (Indian River #280574)

Price History

Date / Event Date Event Price
Nov 6, 2024 Sold
Premium
Sold
Aug 15, 2024 Listed by Dale Sorensen Real Estate Inc. $485,000
Listed by Dale Sorensen Real Estate Inc.
Feb 7, 2005 Sold
Premium
Sold
Jan 5, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 932
  • Total Building Area: 2,600
  • Gross Building Area: 2,654
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEBASTIAN HIGHLANDS UNIT 17
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SEBASTIAN HIGHLANDS UNIT 17 BLK 566 LOT 15 PBI 8-46 TO 46P

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050805

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-39-19-00001-5660-00015.0
  • Block: 566
  • Lot: 15
  • Meridian: SEC 19 TWN 31S RNG 39E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.7632
  • Longitude: -80.4561

    Address

  • Full Address: 107 Tracy Dr
  • Legal Unit: 17
  • Address - House Number: 107
  • Address - Street Name: Tracy
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R018
  • 4-Digit Zip Code: 6976
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 2,316
  • Tax Year: 2022
  • Tax Amount: $190,530
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 459,714
  • High Value: 541,799
  • Low Value: 377,630

    Market Valuation

  • Market Total Value: $316,659
  • Market Land Value: $41,199
  • Market Improvement Value: $275,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $143,844

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 03, 2005
  • Current Sale Recording Date: Feb 07, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 1615792
  • Previous Sale Recording Date: Jan 05, 2004
  • Previous Sale Amount: $39,900
  • Previous Sale Document Type: 71
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 Sebastian

Stats & Trends

Median Asking:

$374,990

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

73

Average Home Size

1764 ft²

Average Home Age

26.8 years

Currently For Sale

161 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 5790 Marina Drive, Sebastian, FL, 32958

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,060 ft²
5790 Marina Drive #2, Sebastian, FL, 32958 Listing by Lorena K Santoro
Unit for rent at 107 Keystone Drive, Sebastian, FL, 32958

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,837 ft²
107 Keystone Drive, Sebastian, FL, 32958 Listing by Yenny Palacio
Unit for rent at 1108 Coverbrook Lane, Sebastian, FL, 32958

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,653 ft²
1108 Coverbrook Lane, Sebastian, FL, 32958 Listing by Magdalena A Zych

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: David M Decker, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 280574
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 107 Tracy Drive built and last sold?
The property at 107 Tracy Drive was built in 2005 and last sold on Feb 3, 2005 for $207,000.
How much is this home worth?
The estimated value of the home located at 107 Tracy Drive is $486,903.
What are some comparable homes to 107 Tracy Drive?
There are currently no comparable homes to 107 Tracy Drive.
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