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Sebastian 32958
141 Delaware Avenue
$217,000
● House - Off Market

141 Delaware Avenue

Sebastian, FL 32958
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,157 Ft²
$2,852
Est. Monthly
4.31%
Cap Rate

About This Property

DON'T MISS OUT ON THIS, UPDATED 3/2/2 HOME ON DOUBLE LARGE LOT WITH REAR EASEMENT ACCESS. UPDATES INCLUDE: 2024 ROOF, 2020 A/C WITH ULTRAVIOLET SYSTEM, 2022 NEW A/C DUCTWORK, WATER HEATER 2020, BOTH BATHS AND KITCHEN REMODELED, DRAIN FIELD REPLACED AND ENLARGED 2022 WITH 10 YR WARANTY. OTHER AMMENITIES INCLUDE 3 OVENS IN EXECUTIVE KITCHEN, HOT TUB, 50 AMP/WATTER AND SEWER, RV CONNECTION ON 2ND LOT, ENCLOSED BACK PORCH. rmszappr&sub2err
Unit Size
1,157 Ft²
Days on Market
60 days
Land Size
0.69 acres
Price per sqft
$492
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1973

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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 #282248)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Premium
Sold
Nov 26, 2024 In contract -
In contract
Oct 21, 2024 Listed by Dale Sorensen Real Estate Inc. $569,000
Listed by Dale Sorensen Real Estate Inc.
May 12, 2010 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 30,056
  • Lot Size Depth Feet: 1,777
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 1,637
  • Gross Building Area: 1,853
  • Building Area: 1,157
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,157
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEBASTIAN HIGHLANDS UNIT 15
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SEBASTIAN HIGHLANDS UNIT 15 BLK 492 LOT 29 & 30 PBI 8-44B

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050806

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-39-07-00001-4920-00029.0
  • Block: 492
  • Lot: 29
  • Meridian: SEC 07 TWN 31S RNG 39E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.8
  • Longitude: -80.472

    Address

  • Full Address: 141 Delaware Ave
  • Legal Unit: 15
  • Address - House Number: 141
  • Address - Street Name: Delaware
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R020
  • 4-Digit Zip Code: 4515
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 1,483
  • Tax Year: 2022
  • Tax Amount: $66,891
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2064
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 323,849
  • High Value: 390,709
  • Low Value: 256,988

    Market Valuation

  • Market Total Value: $208,638
  • Market Land Value: $84,533
  • Market Improvement Value: $124,105

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,826

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2010
  • Current Sale Recording Date: May 12, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2065375
  • Previous Sale Recording Date: Apr 22, 2010
  • Previous Sale Contract Date: Apr 21, 2010
  • Previous Sale Document Type: 69
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:

$369,990

Sale Price/ft²

$221

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1803 ft²

Average Home Age

26.6 years

Currently For Sale

139 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 6124 River Run Drive, Sebastian, FL, 32958

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,285 ft²
6124 River Run Drive #B, Sebastian, FL, 32958 Listing by Gus Marin
Unit for rent at 6109 N River Run Drive, Sebastian, FL, 32958

$2,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,502 ft²
6109 N River Run Drive #6109, Sebastian, FL, 32958 Listing by Christopher E Junker

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Jim Belanger, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 282248
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 141 Delaware Avenue built and last sold?
The property at 141 Delaware Avenue was built in 1973 and last sold on Apr 28, 2010 for $85,000.
How much is this home worth?
The estimated value of the home located at 141 Delaware Avenue is $0.
What are some comparable homes to 141 Delaware Avenue?
There are currently no comparable homes to 141 Delaware Avenue.
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