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Viera East 32940 Crane Creek
1153 Old Millpond Road
$257,000
● House - Off Market

1153 Old Millpond Road

Melbourne, FL 32940
bedrooms
4 Beds
bathrooms
3 Baths
$470,926
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Lakefront, spacious 4BR,3BA home w/ extended  2+car garage, large screened patio to enjoy the beautiful lake views! Partial interior has been freshly painted (Oct, 2016), newer roof(2010), newer hot water heater(2014), entire house generator, high end accordion storm shutters, AC unit (2008), new disposal (2015), newer garage door, exterior professionally painted (11/2014), screened front door, 12 ceiling fans, fenced yard area & termite bond. Floorplan incl. living room, dining room, open kitchen w/ breakfast bar, family room & split BR plan. Extra spacious room adjoining master bedroom could be used as large office/bonus room or 4th bedroom. Great Viera location on dead-end, circle around one of the largest Viera lakes w/abundant water birds! SELLER WILL CONSIDER CLOSING CREDIT!!
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$203
HOA Dues
$310
Year Built
2001

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: 3 years ago (Space Coast MLS #755991)

Price History

Date / Event Date Event Price
Dec 8, 2016 Sold
Premium
Sold
Jun 1, 2016 Listed by Vista Florida Realty LLC $279,900
Listed by Vista Florida Realty LLC

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 1
  • Garage Square Area: 690
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Frontage Feet: 780
  • Total Building Area: 3,132
  • Gross Building Area: 3,132
  • Building Area: 2,182
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,182
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRANE CREEK UNIT 2 PHASE 5
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CRANE CREEK UNIT 2 PHASE 5 LOT 31 BLK C

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 063106

Zoning

  • Zoning: RU-1-11

Geography

  • Assessors Map Reference: 233B
  • Account Number: 2623048
  • Subdivision Phase Number: 5
  • Parcel: 26-36-03-52-0000C.0-0031.00
  • Block: C
  • Lot: 31
  • Meridian: SEC 03 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2474
  • Longitude: -80.7175

    Address

  • Full Address: 1153 Old Millpond Rd
  • Legal Unit: 2
  • Address - House Number: 1153
  • Address - Street Name: Old Millpond
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R059
  • 4-Digit Zip Code: 6888
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,665
  • Tax Year: 2022
  • Tax Amount: $253,840
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 532,198
  • High Value: 634,790
  • Low Value: 429,605

    Market Valuation

  • Market Total Value: $372,530

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $199,670

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 02, 2016
  • Current Sale Recording Date: Dec 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016240103
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 Crane Creek

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$235

Below Asking

0.03%

Average Days on Market

51

Average Home Size

1835 ft²

Average Home Age

28.7 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 1227 Hasley Place, Melbourne, FL, 32940

$3,100 /mo

  • 4 Beds
  • 3 Baths
  • 2,042 ft²
1227 Hasley Place, Melbourne, FL, 32940 Listing by Michelle M Forehand
Unit for rent at 1937 Golf Vista Boulevard, Rockledge, FL, 32955

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,917 ft²
1937 Golf Vista Boulevard, Rockledge, FL, 32955 Listing by Douglas Bress

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Grace Vista, Vista Florida Realty LLC
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 755991
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 1153 Old Millpond Road built and last sold?
The property at 1153 Old Millpond Road was built in 2001 and last sold on Dec 2, 2016 for $257,000.
How much is this home worth?
The estimated value of the home located at 1153 Old Millpond Road is $282,699.
What are some comparable homes to 1153 Old Millpond Road?
There are currently no comparable homes to 1153 Old Millpond Road.
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