44
Map
1675 Sumter Lane
About This Property
Looking for a pool home with some extra space? Welcome to your 5 bed 3 bath solar powered home with over 3600 sf in the Oak Grove community in West Melbourne. Inside the front door you are greeted by a beautiful foyer and entryway. Spacious kitchen with corian counter tops. Formal dining room and living room. The kitchen opens up into a large family room. Ground floor bedroom could be a great in-law suite with the guest bath/pool bath right next to it. Upstairs you will find four guest bedrooms, a huge master bedroom and an additional flex/office space and loft. Master bathroom has a vanity with double sinks, walk-in shower with garden tub and two walk-in closets. Sparkling solar heated pool Pavered backyard walkway and fenced backyar
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2023 | Listed by Keller Williams Realty Brevard | $638,000 | |
| Listed by Keller Williams Realty Brevard | |||
| Apr 27, 2023 | No longer available | - | |
| No longer available | |||
| Mar 25, 2023 | Price Increased |
$680,000
↑ $3K
(0.4%) | |
| Price Increased | |||
| Mar 1, 2023 | Listed by RE/MAX Elite | $677,000 | |
| Listed by RE/MAX Elite | |||
| | |||
|
Move-in ready pool home in the highly desirable Oak Grove Subdivision in West Melbourne. Extremely spacious and well-kept, this home has pool with HOT TUB, SOLAR SYSTEM, large bonus room on 2nd floor, and media room; double master closets, double sinks in master. In a great location with easy access to the mall, schools, shopping and the beaches! The manager has listed the unit size as 3590 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017