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Brevard 32940 Capron Ridge
1685 Simerick Lane
$500,000
● House - Off Market

1685 Simerick Lane

Melbourne, FL 32940
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,678 Ft²
$785,054
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Welcome to the exclusive gated community at Capron Ridge, where luxury living meets the quiet serenity of nature in perfect harmony. Upon entry through the beveled glass door, you are greeted with warmth and style, immediately discerning each careful attention to detail. Your fully equipped kitchen enticing to any chef, features granite countertops, 42-inch cabinets and stainless-steel appliances. This beautiful Mediterranean Style home features a true 5-bedroom 3 bath home with a loft and game room. The 3-car garage is supersized! A fabulous pool awaits your presence with a privacy fence. Your community amenities include: Gated entrance, tennis courts, playgrounds, community pool and walking trails. Located close to shopping, the beaches and all the best that Brevard County has to offer!
Unit Size
3,678 Ft²
Days on Market
230 days
Land Size
0.23 acres
Price per sqft
$141
Property Type
House
Property Taxes
$314
HOA Dues
$61
Year Built
2006

Payment Calculator

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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 #819121)

Price History

Date / Event Date Event Price
Mar 4, 2019 Sold
Premium
Sold
Jul 13, 2018 Listed by Regal Properties International $520,000
Listed by Regal Properties International
Jun 6, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • 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: 676
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Frontage Feet: 830
  • Total Building Area: 4,766
  • Gross Building Area: 4,766
  • Building Area: 3,678
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,678
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPRON RIDGE PHASE ONE
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CAPRON RIDGE PHASE ONE LOT 2 BLOCK E

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 52 PG 24
  • Account Number: 2627247
  • Subdivision Phase Number: 1
  • Parcel: 26-36-02-TY-0000E.0-0002.00
  • Block: E
  • Lot: 2
  • Meridian: SEC 02 TWN 26S RNG 36E
  • Municipality: VIERA/UNINCORP DISTRICT 4
  • Latitude: 28.2583
  • Longitude: -80.7049

    Address

  • Full Address: 1685 Simerick Ln
  • Address - House Number: 1685
  • Address - Street Name: Simerick
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R079
  • 4-Digit Zip Code: 6025
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 4,188
  • Tax Year: 2022
  • Tax Amount: $499,993
  • Tax Rate Code Area: 420Y

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 737,013
  • High Value: 870,367
  • Low Value: 603,659

    Market Valuation

  • Market Total Value: $566,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $401,180

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2019
  • Current Sale Recording Date: Mar 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019043788
  • Previous Sale Recording Date: Jun 06, 2006
  • Previous Sale Contract Date: May 30, 2006
  • Previous Sale Amount: $531,000
  • 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 Capron Ridge

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1926 ft²

Average Home Age

18.8 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

Unit for rent at 2039 Tullagee Avenue, Melbourne, FL, 32940

$3,250 /mo

  • 3 Beds
  • 2 Baths
  • 2,032 ft²
2039 Tullagee Avenue, Melbourne, FL, 32940 Listing by Edgar H Rodriguez

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Marie Lachance, Regal Properties International
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 819121
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 1685 Simerick Lane built and last sold?
The property at 1685 Simerick Lane was built in 2006 and last sold on Feb 26, 2019 for $500,000.
How much is this home worth?
The estimated value of the home located at 1685 Simerick Lane is $524,194.
What are some comparable homes to 1685 Simerick Lane?
There are currently no comparable homes to 1685 Simerick Lane.
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