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Melbourne 32935 Calico Heights
1807 Elkins Point Point
$490,000
● House - Off Market

1807 Elkins Point Point

Melbourne, FL 32935
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,506 Ft²
$495,994
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

LIKE NEW! Barely lived in & immaculate, 5 bed, 3 bath home is ready for you! Why deal with the hassle of new construction when this 2 year old home is ready now. Upon entering you will be taken back by flowing wood grain tile flooring that leads you into the home of your dreams! You will first see the modern style kitchen, which features soft close, shaker style cabinets, Silestone counters, SS appliances & huge walk-in pantry. The oversized owner's suite features a gorgeous master bath & walk-in closet. The 2nd fl flex space offers endless options. This home is bound to please the most fastidious of buyers. Fully fenced backyard. Plenty of room for everyone! Excellent location. Close to I-95, US 1, beaches, shops, dining, Harris, Northrop, EGAD, NASA & Port Canaveral.
Unit Size
2,506 Ft²
Days on Market
64 days
Land Size
0.13 acres
Price per sqft
$195
Property Type
House
Property Taxes
$454
HOA Dues
$50
Year Built
2021

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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: 6 months ago (Space Coast MLS #957718)

Price History

Date / Event Date Event Price
May 1, 2023 Sold
Premium
Sold
Feb 16, 2023 Listed by RE/MAX Elite $487,500
Listed by RE/MAX Elite
Mar 29, 2021 Sold
Premium
Sold
Feb 3, 2021 Listed by RE/MAX Elite $384,900
Listed by RE/MAX Elite
Sep 4, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,300
  • Gross Building Area: 3,300
  • Building Area: 2,580
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,580
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALICO HEIGHTS
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • Legal Description 1: CALICO HEIGHTS LOT 29 BLK A

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064124

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: MB 57 PG 68
  • Account Number: 2746251
  • Parcel: 27-37-05-31-0000A.0-0029.00
  • Block: A
  • Lot: 29
  • Meridian: SEC 05 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1718
  • Longitude: -80.6519

    Address

  • Full Address: 1807 Elkins Point Dr
  • Address - House Number: 1807
  • Address - Street Name: Elkins Point
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C033
  • 4-Digit Zip Code: 4762
  • Zip Code: 32935

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $544,948
  • Tax Rate Code Area: 43K0

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 498,482
  • High Value: 595,944
  • Low Value: 401,020

    Market Valuation

  • Market Total Value: $354,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $354,320

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 87429
  • Previous Sale Recording Date: Mar 29, 2021
  • Previous Sale Contract Date: Mar 25, 2021
  • Previous Sale Amount: $378,000
  • 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 Calico Heights

Stats & Trends

Median Asking:

$356,500

Sale Price/ft²

$215

Below Asking

0.05%

Average Days on Market

93

Average Home Size

1660 ft²

Average Home Age

11 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 3380 Holly Springs Road, Melbourne, FL, 32934

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,497 ft²
3380 Holly Springs Road, Melbourne, FL, 32934 Listing by Shannon Barnhart

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Bart Miranda, RE/MAX Elite
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 957718
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 1807 Elkins Point Drive built and last sold?
The property at 1807 Elkins Point Drive was built in 2021 and last sold on Apr 21, 2023 for $490,000.
How much is this home worth?
The estimated value of the home located at 1807 Elkins Point Drive is $0.
What are some comparable homes to 1807 Elkins Point Drive?
There are currently no comparable homes to 1807 Elkins Point Drive.
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