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Rockledge 32955 Kings Grant
1086 Madrid Road
Photo of 1086 Madrid Road
Sold on Apr 16, 2020

15

Map

Photo of 1086 Madrid Road
Photo of 1086 Madrid Road
$185,000
● House - Off Market

1086 Madrid Road

Rockledge, FL 32955
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$268,738
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Updated MOVE IN READY with A BRAND NEW METAL ROOF  with New Solar Attic Vents reducing utility cost 2019; UPDATED KITCHEN & BATHROOMS W/ New Appliances 2018; HVAC 2018, Interior Laundry Room, All NEW Lighting and Wait until you see the Beautiful Wood Look tile! All but 4 of the Homes windows are New Double Pane. This is a MUST SEE HOME!
Unit Size
1,536 Ft²
Days on Market
30 days
Land Size
0.17 acres
Price per sqft
$123
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965

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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: 5 months ago (Space Coast MLS #862221)

Price History

Date / Event Date Event Price
Apr 21, 2020 Sold
Premium
Sold
Nov 30, 2019 Listed by Coldwell Banker Realty $189,000
Listed by Coldwell Banker Realty
Oct 11, 1995 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,608
  • Gross Building Area: 1,608
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KINGS GRANT UNIT 2
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: KINGS GRANT UNIT 2 LOT 37 BLK 1

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 197
  • Account Number: 2505164
  • Parcel: 25-36-08-26-00001.0-0037.00
  • Block: 1
  • Lot: 37
  • Meridian: SEC 08 TWN 25S RNG 36E
  • Municipality: ROCKLEDGE
  • Latitude: 28.3272
  • Longitude: -80.7498

    Address

  • Full Address: 1086 Madrid Rd
  • Legal Unit: 2
  • Address - House Number: 1086
  • Address - Street Name: Madrid
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Rockledge
  • Carrier Code: C016
  • 4-Digit Zip Code: 3326
  • Zip Code: 32955

Valuation

    Tax

  • Total Area: 1,464
  • Tax Year: 2022
  • Tax Amount: $296,974
  • Tax Rate Code Area: 23E0

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 308,271
  • High Value: 375,215
  • Low Value: 241,327

    Market Valuation

  • Market Total Value: $213,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $213,800

    Sales

  • Current Sale Contract Date: Apr 16, 2020
  • Current Sale Recording Date: Apr 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020088846
  • Previous Sale Recording Date: Oct 11, 1995
  • Previous Sale Contract Date: Sep 29, 1995
  • Previous Sale Amount: $61,000
  • 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 Kings Grant

Stats & Trends

Median Asking:

$268,700

Sale Price/ft²

$189

Below Asking

0.05%

Average Days on Market

104

Average Home Size

1114 ft²

Average Home Age

61.7 years

Currently For Sale

3 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 19 Travis Street, Cocoa, FL, 32922

$3,100 /mo

  • 4 Beds
  • 4 Baths
  • 2,264 ft²
19 Travis Street #101, Cocoa, FL, 32922 Listing by Dawn Capehart
Unit for rent at 966 Trinity Street, Rockledge, FL, 32955

$3,150 /mo

  • 5 Beds
  • 3 Baths
  • 2,466 ft²
966 Trinity Street, Rockledge, FL, 32955 Listing by Melissa Joeliz Lussier

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Diann D Craig, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 862221
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 1086 Madrid Road built and last sold?
The property at 1086 Madrid Road was built in 1965 and last sold on Apr 16, 2020 for $185,000.
How much is this home worth?
The estimated value of the home located at 1086 Madrid Road is $0.
What are some comparable homes to 1086 Madrid Road?
There are currently no comparable homes to 1086 Madrid Road.
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