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West Melbourne 32904 West Melbourne Landings
1446 Alaqua Way
$257,000
● House - Off Market

1446 Alaqua Way

West Melbourne, FL 32904
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$479,066
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

This incredible and spacious 5 bedroom, 3-1/2 bath home sits on 1/3 of an acre, which is the largest lot in the community.  Etched glass front door brings you to a kitchen with 42-inch cabinets, then to a screened back porch.  Three-car garage, well sprinkler system, gutters, and hurricane panels included in this two-story beauty.  Water softener is not included but negotiable.  Low HOA fee in this gated community.  Ideal opportunity for an ideal home!
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$289
HOA Dues
$400
Year Built
2010

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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: 3 years ago (Space Coast MLS #718576)

Price History

Date / Event Date Event Price
Apr 27, 2015 Sold
Premium
Sold
Feb 23, 2015 Listed by Dale Sorensen Real Estate Inc. $265,000
Listed by Dale Sorensen Real Estate Inc.
Jul 13, 2010 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Frontage Feet: 610
  • Total Building Area: 3,727
  • Gross Building Area: 3,727
  • Building Area: 2,732
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,732
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST MELBOURNE LANDINGS
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: WEST MELBOURNE LANDINGS LOT 23

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065022

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: MB 56 PG 45
  • Account Number: 2864709
  • Parcel: 28-37-17-30-00000.0-0023.00
  • Lot: 23
  • Meridian: SEC 17 TWN 28S RNG 37E
  • Municipality: WEST MELBOURNE
  • Latitude: 28.0533
  • Longitude: -80.6485

    Address

  • Full Address: 1446 Alaqua Way
  • Address - House Number: 1446
  • Address - Street Name: Alaqua
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C044
  • 4-Digit Zip Code: 8773
  • Zip Code: 32904

Valuation

    Tax

  • Total Area: 3,231
  • Tax Year: 2022
  • Tax Amount: $362,131
  • Tax Rate Code Area: 34V0

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 558,335
  • High Value: 667,167
  • Low Value: 449,504

    Market Valuation

  • Market Total Value: $410,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $281,290

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2015
  • Current Sale Recording Date: Apr 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015082410
  • Previous Sale Recording Date: Jul 13, 2010
  • Previous Sale Contract Date: Jun 24, 2010
  • Previous Sale Amount: $210,200
  • 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 West Melbourne Landings

Stats & Trends

Median Asking:

$396,750

Sale Price/ft²

$237

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2040 ft²

Average Home Age

16.3 years

Currently For Sale

4 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

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SpaceCoast

Listed by: Wendy Handy, Dale Sorensen Real Estate Inc.
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 718576
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 1446 Alaqua Way built and last sold?
The property at 1446 Alaqua Way was built in 2010 and last sold on Apr 23, 2015 for $257,000.
How much is this home worth?
The estimated value of the home located at 1446 Alaqua Way is $0.
What are some comparable homes to 1446 Alaqua Way?
There are currently no comparable homes to 1446 Alaqua Way.
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