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Rockledge 32955 Timbers West
1802 Oak Drive N
$287,000
● House - Off Market

1802 Oak Drive N

Rockledge, FL 32955
bedrooms
5 Beds
bathrooms
3 Baths
$404,072
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Exceptional opportunity to acquire a expansive home w/ 3 car garage. This offering is bursting with potential. Gorgeous setting - enormous screened pool all of which is situated on 1.38 acres. Home requires new roof and MULTIPLY repairs and to be sold in as is condition. Valuation is extremely under market, all bids CASH require proof of funds, quick closing..
Unit Size
-
Days on Market
-
Land Size
1.37 acres
Price per sqft
-
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1993

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (Space Coast MLS #874014)

Price History

Date / Event Date Event Price
Aug 5, 2020 Sold
Premium
Sold
Apr 24, 2020 Listed by RE/MAX Elite $295,000
Listed by RE/MAX Elite

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 884
  • Parking Space Count: 4
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 129

    Dimensions

  • Lot Size Square Feet: 59,677
  • Total Building Area: 4,206
  • Gross Building Area: 4,206
  • Building Area: 3,252
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,252
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBERS WEST
  • Land Acres: 0000001370
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: TIMBERS WEST LOT 1

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 063000

Zoning

  • Zoning: RCE 1/1

Geography

  • Assessors Map Reference: 197
  • Account Number: 2505581
  • Parcel: 25-36-08-81-00000.0-0001.00
  • Lot: 1
  • Meridian: SEC 08 TWN 25S RNG 36E
  • Municipality: ROCKLEDGE
  • Latitude: 28.3237
  • Longitude: -80.7434

    Address

  • Full Address: 1802 Oak Dr N
  • Address - House Number: 1802
  • Street Segment Direction: N
  • Address - Street Name: Oak
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Rockledge
  • Carrier Code: C016
  • 4-Digit Zip Code: 3408
  • Zip Code: 32955

Valuation

    Tax

  • Total Area: 3,797
  • Tax Year: 2022
  • Tax Amount: $695,079
  • Tax Rate Code Area: 23E0

    Appraisal Valuation

  • Standard Deviation: 0.2438
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 580,336
  • High Value: 721,833
  • Low Value: 438,838

    Market Valuation

  • Market Total Value: $430,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $430,340

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020167886
  • Previous Sale Recording Date: Mar 25, 2008
  • Previous Sale Contract Date: Feb 27, 2008
  • 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 Timbers West

Stats & Trends

Median Asking:

$614,700

Sale Price/ft²

$244

Below Asking

0.05%

Average Days on Market

70

Average Home Size

2416 ft²

Average Home Age

39.5 years

Currently For Sale

0 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 4374 Masthead Avenue, Rockledge, FL, 32955

$3,200 /mo

  • 4 Beds
  • 3 Baths
  • 2,260 ft²
4374 Masthead Avenue, Rockledge, FL, 32955 Listing by Om Amitkumar Dabhi

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Ronald J Wallen, RE/MAX Elite
Last Updated: 2 years ago
Data Source: Space Coast MLS, MLS# 874014
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 1802 Oak Drive North built and last sold?
The property at 1802 Oak Drive North was built in 1993 and last sold on Jul 31, 2020 for $286,000.
How much is this home worth?
The estimated value of the home located at 1802 Oak Drive North is $0.
What are some comparable homes to 1802 Oak Drive North?
There are currently no comparable homes to 1802 Oak Drive North.
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