35
Map
$235,000
●
House -
Off Market
1948 Glenwood Drive
Melbourne, FL 32935
3 Beds
2 Baths
1,080 Ft²
$271,561
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Welcome to 1948 Glenwood Drive. This Melbourne single boasts 3
bedrooms and 2 full baths. The home has a bright and airy ambiance,
with the convenience of single floor living. Pride in ownership is
something this property exudes. A neutral color palette along with
rich hued hardwood laminate flooring dress the primary area of
living, which is a desirable open concept space.The heart of the
home is the custom kitchen, complete with white traditional style
cabinetry that pairs to perfection with granite countertops and
stainless steel appliances. Three sizable bedrooms can be found in
the home, including an owner's suite with private en-suite. The
bonus features of this home extend to the exterior of the home
where you will find a screened in lanai that overlooks a privacy
fenced backyard that also holds a fire pit, additional patio space,
and storage shed. NO CAST IRON. Pipes, AC, Water Heater
and Appliances all within 5 years. Close to many major routes, and
minutes to the beach, make 1948 Glenwood your next chapter of
homeownership.
Unit Size
1,080 Ft²
Days on Market
79 days
Land Size
-
Price per sqft
$241
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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: 3 months ago (Space Coast MLS #950587)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by C. Apollo Realty Inc | $250,000 | |
| Listed by C. Apollo Realty Inc | |||
   | |||
|
Here is your new home! This Melbourne home boasts 3 bedrooms and 2 full baths. There is lots of natural light and hardwood laminate flooring throughout. You can see the pride in ownership. The heart of the home is the custom kitchen, complete with white traditional style cabinetry that pairs to perfection with granite countertops and stainless steel appliances. Three sizable bedrooms can be found in the home, including a primary with private en-suite. The bonus features of this home extend to the exterior of the house where you will find a screened in lanai that overlooks a private fenced backyard that also holds a fire pit, additional patio space, and storage shed. Pipes, AC, Water Heater and Appliances all new the 6 years. NO CAST IRON! All windows & sliders impact. Close to many major routes, and minutes to the beach. This is a great location close to schools, shopping and Wickham Park. The beaches are 20 minutes away. Don't miss an opportunity to tour this house. Great location
| |||
| Feb 6, 2023 | Sold | ||
| Sold | |||
| Nov 15, 2022 | Listed by EXP Realty, LLC | $259,900 | |
| Listed by EXP Realty, LLC | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sunwood Park
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Listed by: Brandon Michael Lape, EXP Realty, LLC
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 950587
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: 3 months ago
Data Source: Space Coast MLS, MLS# 950587
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