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Brevard 32940 Capron Ridge
1468 Tullagee Avenue
$424,900
● House - Off Market

1468 Tullagee Avenue

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,000 Ft²
$568,173
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Your Key West Style Dream Home has arrived! Immaculate & Almost New, 3 Bd, 3 Ba, Oversize 2 CG, 2000 sqft w/ a Large, Privacy Fenced, & Lushly Landscaped Back Yard is Full of Coastal Inspired Luxury & Charm. Custom Trim/Wood Work & Ceilings, Tile & Plank Flooring, Recessed Lighting, Impact Rated Windows, Hardwood Soft Close Cabinets & Drawers, Cambria Quartz Counters, Expanded Screened, Paver Lanai, Paver Driveway & Front Porch. Stunning Gourmet Kitchen w/ Gorgeous Eat at Bar, Large Pantry, Luxury Gas Range & Stainless Appliances. Master Suite Retreat w/ Double Vanity, Subway Tile Shower & Relaxing Tub, & Designer Custom Closet. Gated Capron Ridge Cashel Village Offers Carefree Maintenance w/ Lawn & Irrigation Incl, Resort Style Clubhouse & Heated Pool, Fitness Center, Tennis, Basketball. Additional Amenities Include Volleyball Courts, Soccer Field, Playground & Walking Trails. Incredible for Entertaining & Relaxing, Truly a 1 of a Kind Home. Live in Viera without paying Viera Taxes. Incredible Location Convenient to All Shopping & Dining, I-95, & Be on the Beach in 15 Minutes.
Unit Size
2,000 Ft²
Days on Market
82 days
Land Size
0.17 acres
Price per sqft
$212
Property Type
House
Property Taxes
$362
HOA Dues
$467
Year Built
2016

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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: 5 months ago (Space Coast MLS #880050)

Price History

Date / Event Date Event Price
Oct 6, 2020 Sold
Premium
Sold
Jul 10, 2020 Listed by RE/MAX Aerospace Realty $424,900
Listed by RE/MAX Aerospace Realty
Jan 27, 2017 Sold
Premium
Sold
Jan 23, 2017 Listed by RE/MAX Aerospace Realty $369,500
Listed by RE/MAX Aerospace Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 4
  • 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: 520
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,763
  • Gross Building Area: 2,763
  • Building Area: 1,890
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,890
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASHEL VILLAGE AT CAPRON RIDGE PHASE ONE
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CASHEL VILLAGE AT CAPRON RIDGE PHASE ONE LOT 18 BLK B

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 063108

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 60 PG 28
  • Account Number: 2632841
  • Subdivision Phase Number: 1
  • Parcel: 26-36-02-32-0000B.0-0018.00
  • Block: B
  • Lot: 18
  • Meridian: SEC 02 TWN 26S RNG 36E
  • Municipality: VIERA/UNINCORP DISTRICT 4
  • Latitude: 28.2578
  • Longitude: -80.6986

    Address

  • Full Address: 1468 Tullagee Ave
  • Address - House Number: 1468
  • Address - Street Name: Tullagee
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R079
  • 4-Digit Zip Code: 6035
  • Zip Code: 32940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $450,863
  • Tax Rate Code Area: 420Y

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 555,667
  • High Value: 662,784
  • Low Value: 448,551

    Market Valuation

  • Market Total Value: $416,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $366,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020218938
  • Previous Sale Recording Date: Jan 27, 2017
  • Previous Sale Contract Date: Jan 27, 2017
  • Previous Sale Amount: $369,500
  • Previous Sale Document Type: 68
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 Capron Ridge

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1813 ft²

Average Home Age

20 years

Currently For Sale

3 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 1749 Tullagee Avenue, Melbourne, FL, 32940

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,807 ft²
1749 Tullagee Avenue, Melbourne, FL, 32940 Listing by Maureen G Harrell
Unit for rent at 2138 Caledonia Place, Melbourne, FL, 32940

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,902 ft²
2138 Caledonia Place, Melbourne, FL, 32940 Listing by Gregory Ellingson
Unit for rent at 1937 Golf Vista Boulevard, Rockledge, FL, 32955

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,917 ft²
1937 Golf Vista Boulevard, Rockledge, FL, 32955 Listing by Douglas Bress

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Lauri Toth, RE/MAX Aerospace Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 880050
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 1468 Tullagee Avenue built and last sold?
The property at 1468 Tullagee Avenue was built in 2016 and last sold on Oct 1, 2020 for $424,900.
How much is this home worth?
The estimated value of the home located at 1468 Tullagee Avenue is $430,161.
What are some comparable homes to 1468 Tullagee Avenue?
There are currently no comparable homes to 1468 Tullagee Avenue.
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