28
Map
$835,000
●
House -
Off Market
145 Utopia Circle
Merritt Island, FL 32952
4 Beds
3 Baths,
2
Half Baths
4,467 Ft²
$1,033,661
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Stunning pride of ownership pool home in the paradise of Egrets
Cove! This move in ready home has NUMEROUS updates - including new
tile roof and gutters, remodeled gourmet kitchen, pool cage
screens, remodeled guest bath, hot tub and more (Please see
supplement for complete list).
Deeded Boat Slip with Deep Water Access. Spacious flex room off of pool. When entering this custom home, you are greeted with 20ft cathedral ceilings. The living room features a floor to ceiling brick fireplace. The kitchen looks out to the private lanai. It is simply an amazing place for you to call home! Renovations'||chr(10)||''||chr(10)||'o New tile roof and gutters'||chr(10)||''||chr(10)||'o Remodeled gourmet kitchen quartz countertops, new '||chr(10)||''||chr(10)||' KitchenAid black stainless steel appliances (Resistant '||chr(10)||''||chr(10)||' to fingerprints and smudges), convection stovetop, island '||chr(10)||''||chr(10)||' downdraft, garbage disposal, RO system, pot rack, '||chr(10)||''||chr(10)||' fixtures, canned lighting and kitchen ceiling fan'||chr(10)||''||chr(10)||'o Remodeled wet bar quartz countertops and wine fridge'||chr(10)||''||chr(10)||'o New screens and storm doors on the lanai and pool '||chr(10)||''||chr(10)||'o New screens on lanai'||chr(10)||''||chr(10)||'o New screened pool enclosure'||chr(10)||''||chr(10)||'o New hot tub'||chr(10)||''||chr(10)||'o New variable speed pool pump, filter, and automatic '||chr(10)||''||chr(10)||' inline chlorinator'||chr(10)||''||chr(10)||'o New HVAC system for master bedroom zone'||chr(10)||''||chr(10)||'o New HVAC system for 2nd floor zone'||chr(10)||''||chr(10)||'o Remodeled first floor hall half bath'||chr(10)||''||chr(10)||'o New large ceiling fan in office/fitness area'||chr(10)||''||chr(10)||'o New whole house water softener'||chr(10)||''||chr(10)||'o New hurricane-rated garage doors with smart garage door '||chr(10)||''||chr(10)||' openers'||chr(10)||''||chr(10)||'o New smart thermostats, doorbell, and irrigation '||chr(10)||''||chr(10)||' controller'||chr(10)||''||chr(10)||'o New solar pool heater (programable to cool pool water)'||chr(10)||''||chr(10)||' '||chr(10)||''||chr(10)||'Slip # is 16 and the HOA fee is 676.00 per year which includes the marina fees.'||chr(10)||''||chr(10)||'
Deeded Boat Slip with Deep Water Access. Spacious flex room off of pool. When entering this custom home, you are greeted with 20ft cathedral ceilings. The living room features a floor to ceiling brick fireplace. The kitchen looks out to the private lanai. It is simply an amazing place for you to call home! Renovations'||chr(10)||''||chr(10)||'o New tile roof and gutters'||chr(10)||''||chr(10)||'o Remodeled gourmet kitchen quartz countertops, new '||chr(10)||''||chr(10)||' KitchenAid black stainless steel appliances (Resistant '||chr(10)||''||chr(10)||' to fingerprints and smudges), convection stovetop, island '||chr(10)||''||chr(10)||' downdraft, garbage disposal, RO system, pot rack, '||chr(10)||''||chr(10)||' fixtures, canned lighting and kitchen ceiling fan'||chr(10)||''||chr(10)||'o Remodeled wet bar quartz countertops and wine fridge'||chr(10)||''||chr(10)||'o New screens and storm doors on the lanai and pool '||chr(10)||''||chr(10)||'o New screens on lanai'||chr(10)||''||chr(10)||'o New screened pool enclosure'||chr(10)||''||chr(10)||'o New hot tub'||chr(10)||''||chr(10)||'o New variable speed pool pump, filter, and automatic '||chr(10)||''||chr(10)||' inline chlorinator'||chr(10)||''||chr(10)||'o New HVAC system for master bedroom zone'||chr(10)||''||chr(10)||'o New HVAC system for 2nd floor zone'||chr(10)||''||chr(10)||'o Remodeled first floor hall half bath'||chr(10)||''||chr(10)||'o New large ceiling fan in office/fitness area'||chr(10)||''||chr(10)||'o New whole house water softener'||chr(10)||''||chr(10)||'o New hurricane-rated garage doors with smart garage door '||chr(10)||''||chr(10)||' openers'||chr(10)||''||chr(10)||'o New smart thermostats, doorbell, and irrigation '||chr(10)||''||chr(10)||' controller'||chr(10)||''||chr(10)||'o New solar pool heater (programable to cool pool water)'||chr(10)||''||chr(10)||' '||chr(10)||''||chr(10)||'Slip # is 16 and the HOA fee is 676.00 per year which includes the marina fees.'||chr(10)||''||chr(10)||'
Unit Size
4,467 Ft²
Days on Market
55 days
Land Size
1.00 acres
Price per sqft
$190
Property Type
House
Property Taxes
$677
HOA Dues
$55
Year Built
1987
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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: 5 months ago (Space Coast MLS #895543)
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About Egrets Cove
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Listed by: Ellis Wong, RE/MAX Elite
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 895543
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: 5 months ago
Data Source: Space Coast MLS, MLS# 895543
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