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Brevard 32940 Capron Ridge
1528 O'Conner Avenue
$440,000
● House - Off Market

1528 O'Conner Avenue

Melbourne, FL 32940
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,827 Ft²
$465,534
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Welcome home! Why wait for new construction when you could move into this highly desired GATED Viera community with ALL the amenities - pool, clubhouse, basketball, shuffleboard, tennis, exercise room, bike/jog trail & playground! Open split floorplan w/vaulted ceilings, plenty of room w/4 bedrooms & 2 baths. Spacious eat-in kitchen features stainless appliances & overlooks the living room, perfect for entertaining! Owner's suite boasts a walk-in closet & private bath w/double sinks, spa tub & shower. The screened patio is a great place to relax & enjoy nature! Hurricane shutters. Irrigation system. Indoor laundry room w/washer & dryer that stay! Great location near shopping, dining, golf, 20 min to beach, 20 min to Patrick AFB, 30 min to KSC, SpaceX, NASA, Blue Origin & 45 min to Orlando! Orlando!
Unit Size
1,827 Ft²
Days on Market
66 days
Land Size
0.13 acres
Price per sqft
$244
Property Type
House
Property Taxes
$258
HOA Dues
$370
Year Built
2013

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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: 7 months ago (Space Coast MLS #943779)

Price History

Date / Event Date Event Price
Oct 25, 2022 Sold
Premium
Sold
Aug 16, 2022 Listed by Keller Williams Space Coast $444,900
Listed by Keller Williams Space Coast
Feb 12, 2021 Sold
Premium
Sold
Jul 8, 2016 Sold
Premium
Sold
Feb 28, 2016 Listed by Keller Williams Space Coast $269,000
Listed by Keller Williams Space Coast

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,424
  • Gross Building Area: 2,424
  • Building Area: 1,827
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,827
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPRON RIDGE PHASE FIVE
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CAPRON RIDGE PHASE FIVE LOT 7 BLK V

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 54 PG 5
  • Account Number: 2628390
  • Subdivision Phase Number: 5
  • Parcel: 26-36-02-26-0000V.0-0007.00
  • Block: V
  • Lot: 7
  • Meridian: SEC 02 TWN 26S RNG 36E
  • Municipality: VIERA/UNINCORP DISTRICT 4
  • Latitude: 28.2551
  • Longitude: -80.6992

    Address

  • Full Address: 1528 Oconner Ave
  • Address - House Number: 1528
  • Address - Street Name: Oconner
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R079
  • 4-Digit Zip Code: 6062
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,113
  • Tax Year: 2022
  • Tax Amount: $310,595
  • Tax Rate Code Area: 420Y

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 463,390
  • High Value: 552,777
  • Low Value: 374,004

    Market Valuation

  • Market Total Value: $355,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $250,800

    Sales

  • Current Sale Contract Date: Oct 24, 2022
  • Current Sale Recording Date: Oct 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 255232
  • Previous Sale Recording Date: Feb 12, 2021
  • Previous Sale Contract Date: Feb 10, 2021
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 55
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

$232

Below Asking

0.01%

Average Days on Market

67

Average Home Size

2362 ft²

Average Home Age

16.7 years

Currently For Sale

7 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 1539 Tullagee Avenue, Melbourne, FL, 32940

$3,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,848 ft²
1539 Tullagee Avenue, Melbourne, FL, 32940 Listing by Shannon Barnhart

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Emily Merbitz, Keller Williams Space Coast
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 943779
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 1528 O'conner Avenue built and last sold?
The property at 1528 O'conner Avenue was built in 2013 and last sold on Oct 24, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 1528 O'conner Avenue is $0.
What are some comparable homes to 1528 O'conner Avenue?
There are currently no comparable homes to 1528 O'conner Avenue.
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