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Melbourne 32934
1351 Cibola Drive
Photo of 1351 Cibola Drive
Sold on May 2, 2019

1

Map

$325,000
● House - Off Market

1351 Cibola Drive

Melbourne, FL 32934
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,155 Ft²
$479,452
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Great family home, move in ready.  Formal living & dining rooms, family room and flex room off of master bedroom.  Centrally located in the Lake Washington area.
Unit Size
2,155 Ft²
Days on Market
5 days
Land Size
0.20 acres
Price per sqft
$151
Property Type
House
Property Taxes
$198
HOA Dues
$39
Year Built
2006

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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: 4 months ago (Space Coast MLS #843569)

Price History

Date / Event Date Event Price
May 7, 2019 Sold
Premium
Sold
Mar 19, 2019 Listed by RE/MAX Aerospace Realty $325,000
Listed by RE/MAX Aerospace Realty
Apr 3, 2012 Sold
Premium
Sold
Feb 13, 2012 Listed by RE/MAX Aerospace Realty $179,900
Listed by RE/MAX Aerospace Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • 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: 758
  • Parking Space Count: 3
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 770
  • Total Building Area: 3,148
  • Gross Building Area: 3,148
  • Building Area: 2,134
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,134
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK FOREST
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: OAK FOREST LOT 33

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064130

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: MB 52 PG 95
  • Account Number: 2744501
  • Parcel: 27-36-14-51-00000.0-0033.00
  • Lot: 33
  • Meridian: SEC 14 TWN 27S RNG 36E
  • Municipality: MELBOURNE
  • Latitude: 28.1288
  • Longitude: -80.7004

    Address

  • Full Address: 1351 Cibola Dr
  • Address - House Number: 1351
  • Address - Street Name: Cibola
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R070
  • 4-Digit Zip Code: 3271
  • Zip Code: 32934

Valuation

    Tax

  • Total Area: 2,696
  • Tax Year: 2022
  • Tax Amount: $368,355
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 478,831
  • High Value: 571,345
  • Low Value: 386,317

    Market Valuation

  • Market Total Value: $336,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $251,090

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 02, 2019
  • Current Sale Recording Date: May 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019096682
  • Previous Sale Recording Date: Apr 03, 2012
  • Previous Sale Contract Date: Mar 27, 2012
  • Previous Sale Amount: $179,900
  • 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 Melbourne

Stats & Trends

Median Asking:

$314,450

Sale Price/ft²

$214

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1600 ft²

Average Home Age

40.1 years

Currently For Sale

350 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 1761 Caleb Lane, Melbourne, FL, 32934

$1,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,791 ft²
1761 Caleb Lane #205, Melbourne, FL, 32934 Listing by Nicole D Grammer
Unit for rent at 1125 White Oak Circle, Melbourne, FL, 32934

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,465 ft²
1125 White Oak Circle, Melbourne, FL, 32934 Listing by Emilia Laura Primucci

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Patricia L Thompson, RE/MAX Aerospace Realty
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 843569
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 1351 Cibola Drive built and last sold?
The property at 1351 Cibola Drive was built in 2006 and last sold on May 2, 2019 for $325,000.
How much is this home worth?
The estimated value of the home located at 1351 Cibola Drive is $0.
What are some comparable homes to 1351 Cibola Drive?
There are currently no comparable homes to 1351 Cibola Drive.
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