$514,500
●
House -
Off Market
1937 Croghan Drive
Melbourne, FL 32940
5 Beds
3 Baths
3,806 Ft²
$850,726
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Nestled on a quiet cul de sac, located in the exclusive and sought
after gated community of Capron Ridge, sits a gorgeous home that is
surrounded by plush private Bluebird preserves, providing privacy &
tranquility. A meticulously maintained oasis containing a screened
in heated, wirelessly controlled pool and hot tub. Details &
upscale living... A very desirable floor-plan with downstairs owner
and guest suites, 5 bedrooms in all, including the 5th as a
possible large recreation room, 3 baths, triple crown molding,
custom glass front door, an island kitchen with granite
countertops, 42" cabinets, a breakfast nook situated with scenic
views of the pool & lush landscapes, plus so much more. Wireless
cameras throughout boasts safety & security. Amazing community
center and amenities including, including,
Unit Size
3,806 Ft²
Days on Market
94 days
Land Size
0.24 acres
Price per sqft
$139
Property Type
House
Property Taxes
$347
HOA Dues
$61
Year Built
2006
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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 #776873)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Apr 3, 2026 | Listed by Real Broker LLC | $799,900 | |
| Listed by Real Broker LLC | |||
| | |||
|
Tucked at the end of a quiet cul-de-sac inside a gated community, this 5-bedroom, 3-bath stunner delivers space, style, and serious Florida living. Vaulted ceilings and tile flooring set the tone, while plantation shutters add just the right touch of charm. The kitchen is built to gather-featuring a breakfast bar, island, and eat-in nook that flows effortlessly for everyday living or entertaining. A smart split-bedroom layout offers privacy, and the oversized primary suite boasts walk-in closets for days. Step outside to your private escape: a heated, in-ground pool and spa wrapped in a screened enclosure with lanai ready for year-round relaxation. A smart thermostat keeps comfortable temps in check. Close to A-rated schools, dining, shopping, and loaded community amenities-this one hits different!
| |||
| Jun 6, 2017 | Sold | ||
| Sold | |||
| Feb 28, 2017 | Listed by CENTURY 21 Ocean | $529,900 | |
| Listed by CENTURY 21 Ocean | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Brevard
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Listed by: Alex Callough, CENTURY 21 Ocean
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 776873
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.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 776873
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