8
Map
$333,500
●
House -
Off Market
1226 Alaqua Way
West Melbourne, FL 32904
6 Beds
4 Baths,
1
Half Bath
2,754 Ft²
$391,399
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Magnificent two story house sits on a corner lot in the desirable
gated community of West Melbourne Landings. It boasts all
tile floors on the lower level and wood laminate on upper level.
The open plan kitchen / family room/ dining room combo makes it the
perfect layout for any family. Master bedroom suite is
downstairs and all other 5 bedrooms are upstairs along with 2
bathrooms, laundry room and storage room. Bedroom 6 was a
game room converted to a bedroom, so can easily be converted back.
The home looks out onto a very private back yard which is
completely fenced. All this minutes from major roadways such as
RE-528 and CR-516/Palm Bay Rd, shopping and restaurants.
Buyers Premium, of $10,000 due at closing.
Unit Size
2,754 Ft²
Days on Market
280 days
Land Size
0.19 acres
Price per sqft
$124
Property Type
House
Property Taxes
$350
HOA Dues
$34
Year Built
2008
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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 months ago (Space Coast MLS #890676)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Nov 19, 2020 | Listed by Century 21 Carioti | $342,000 | |
| Listed by Century 21 Carioti | |||
| Jan 3, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $289,000 | |
| Listed | |||
| | |||
|
Beautiful, former Adams Model Home #2705 with many builder upgrades! 5 Bedroom, 3 full baths, 1 half bath, Large 2 car garage. Humongous game/bonus room upstairs with a very large storage room attached has limitless possible uses. First floor owners suite, 10' ceilings, Large trussed porch. Full storm shutters with Roll Tite shutters on second story for convenience. Security system, Pro Landscaped, Irrigation system, 6' white PVC privacy fenced yard. Largest lot in neighborhood. Plenty of room for a pool. Energy efficient lighting, Massey Pest Control contract. AC ducts recently professionally cleaned. New Refrigerator, New Washer and Dryer. Beautifully maintained Home, Move In Ready.Contact: Ben Clark, Keller Williams Realty Brevard, Phone: 321-622-4161Email: [email protected] Web : www.BenClarkRE.comThe manager has listed the unit size as 2751 square feet.
| |||
| Jun 23, 2017 | Listed by Century 21 Carioti | $279,900 | |
| Listed by Century 21 Carioti | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About West Melbourne Landings
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Listed by: Kavita Uttamchandani, Century 21 Carioti
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 890676
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: 2 months ago
Data Source: Space Coast MLS, MLS# 890676
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