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Brevard 32940
1932 Great Belt Circle
$515,000
● House - Off Market

1932 Great Belt Circle

Melbourne, FL 32940
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,903 Ft²
$3,283
Est. Monthly
$322
HOA / Fees
2.96%
Cap Rate

About This Property

PREMIUM  - OVERSIZED lot with private lake view - no homes behind and side privacy that is rare in BRIDGWATER .  UPGRADES include  EXTENDED screened patio area / California closets in both guest and master closet  / FRENCH DOORS /  TILED floors / FRONT ENTRY DOOR . Flexible layout with 2 private bedrooms  PLUS FLEX ROOM PLUS 3 rd bedroom with added FRENCH DOORS . White kitchen cabinetry with quartz countertops - SS appliances / center kitchen island for easy gathering . Beautiful master suite with lake views . WALK IN 2  master closets  finished with California closets . Master bath offers dual vanity - walk in shower with zero entry system . IMPECCABLE  condition - like NEW inside ready for new owners to enjoy  20,000 SQ ft clubhouse / resort  pool / new friends / activities .
Unit Size
1,903 Ft²
Days on Market
117 days
Land Size
0.20 acres
Price per sqft
$276
Property Type
House
Property Taxes
$383
HOA Dues
$322
Year Built
2020

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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: 6 months ago (Space Coast MLS #976961)

Price History

Date / Event Date Event Price
Feb 2, 2024 Sold
Premium
Sold
Oct 5, 2023 Listed by Cornell Real Estate $525,000
Listed by Cornell Real Estate
Dec 7, 2020 Sold
Premium
Sold

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 493
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,662
  • Gross Building Area: 2,662
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIDGEWATER CENTRAL AT VIERA
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • Legal Description 1: BRIDGEWATER CENTRAL AT VIERA LOT 42 BLK F

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071353

Geography

  • Assessors Map Reference: MB 66 PG 81
  • Account Number: 3019752
  • Parcel: 26-36-28-WZ-0000F.0-0042.00
  • Block: F
  • Lot: 42
  • Meridian: SEC 28 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.199
  • Longitude: -80.722

    Address

  • Full Address: 1932 Great Belt Cir
  • Address - House Number: 1932
  • Address - Street Name: Great Belt
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R130
  • 4-Digit Zip Code: 7291
  • Zip Code: 32940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $459,183
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.0843
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 530,988
  • High Value: 575,801
  • Low Value: 486,175

    Market Valuation

  • Market Total Value: $347,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $347,710

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21635
  • Previous Sale Recording Date: Dec 07, 2020
  • Previous Sale Contract Date: Nov 19, 2020
  • Previous Sale Amount: $328,500
  • Previous Sale Document Type: 68
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 Brevard

Stats & Trends

Median Asking:

$367,500

Sale Price/ft²

$216

Above Asking

0.14%

Average Days on Market

78

Average Home Size

1812 ft²

Average Home Age

28.9 years

Currently For Sale

3817 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 7667 N Wickham Road, Melbourne, FL, 32940

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,256 ft²
7667 N Wickham Road #1308, Melbourne, FL, 32940 Listing by Amanda Grace Miller

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Margret Cornell, Cornell Real Estate
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 976961
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 1932 Great Belt Circle built and last sold?
The property at 1932 Great Belt Circle was built in 2020 and last sold on Jan 26, 2024 for $515,000.
How much is this home worth?
The estimated value of the home located at 1932 Great Belt Circle is $0.
What are some comparable homes to 1932 Great Belt Circle?
There are currently no comparable homes to 1932 Great Belt Circle.
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