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Melbourne 32935 Bowe Gardens
1856 Mckinley Avenue
$289,000
● House - Off Market

1856 Mckinley Avenue

Melbourne, FL 32935
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,364 Ft²
$296,592
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Remodeled in 2017! All the work has been done for you! Spacious great room with attached ''flex room''. Porcelain wood plank tile throughout. Large eat in kitchen with white cabinets. Huge walk-in primary closet and new primary bath! One secondary bedroom has an en suite half bath. All new PVC sewer pipe under slab plus all new PVC water piping throughout. Carrier AC in 2017 including duct work. Roof sealed in 2021. Private backyard with vinyl fencing all around. Perfect home for the first time buyer!
Unit Size
1,364 Ft²
Days on Market
49 days
Land Size
0.18 acres
Price per sqft
$213
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1958

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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: 7 months ago (Space Coast MLS #935582)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Premium
Sold
May 23, 2022 Listed by RE/MAX Solutions $289,900
Listed by RE/MAX Solutions
May 24, 2017 Sold
Premium
Sold
Mar 14, 2017 Listed by RE/MAX Solutions $164,900
Listed by RE/MAX Solutions
Aug 5, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 17
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 701
  • Total Building Area: 1,640
  • Gross Building Area: 1,640
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 7
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOWE GARDENS SEC B
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: BOWE GARDENS SEC B LOT 23 BLK M

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064302

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 295
  • Account Number: 2722952
  • Parcel: 27-37-20-25-0000M.0-0023.00
  • Block: M
  • Lot: 23
  • Meridian: SEC 20 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1271
  • Longitude: -80.6512

    Address

  • Full Address: 1856 Mckinley Ave
  • Address - House Number: 1856
  • Address - Street Name: Mckinley
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C010
  • 4-Digit Zip Code: 4052
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 1,384
  • Tax Year: 2022
  • Tax Amount: $333,968
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2031
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 285,239
  • High Value: 343,188
  • Low Value: 227,289

    Market Valuation

  • Market Total Value: $189,020

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $189,020

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 194297
  • Previous Sale Recording Date: May 24, 2017
  • Previous Sale Contract Date: May 22, 2017
  • Previous Sale Amount: $163,100
  • 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 Bowe Gardens

Stats & Trends

Median Asking:

$264,750

Sale Price/ft²

$200

Below Asking

0.04%

Average Days on Market

71

Average Home Size

1304 ft²

Average Home Age

66.8 years

Currently For Sale

15 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 2277 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2277 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2267 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2267 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2261 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2261 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Cyndi Jones, RE/MAX Solutions
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 935582
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 1856 Mc Kinley Avenue built and last sold?
The property at 1856 Mc Kinley Avenue was built in 1958 and last sold on Jul 22, 2022 for $289,000.
How much is this home worth?
The estimated value of the home located at 1856 Mc Kinley Avenue is $294,493.
What are some comparable homes to 1856 Mc Kinley Avenue?
There are currently no comparable homes to 1856 Mc Kinley Avenue.
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