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Viera East 32940 Cross Creek
1973 Laramie Circle
$307,000
● House - Off Market

1973 Laramie Circle

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,132 Ft²
$423,846
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

*Multiple offers received, please submit highest and best by Noon on Monday 4/20.* Beautiful and well-maintained home in Cross Creek with easy access to everything Viera has to offer! Brand new roof! Lush, tropical landscaping gives this home excellent curb appeal. 3 bedrooms plus a bonus room/office. Interior features high ceilings and tons of natural light throughout. The kitchen opens up to the family room and is great for entertaining. Spacious master bath has double sinks, a soaking tub, and a walk-in shower. Sliding glass doors off the breakfast nook open up to the screened-in porch with views of the fully fenced-in backyard that's perfect for pets and has plenty of room for a pool!
Unit Size
2,132 Ft²
Days on Market
34 days
Land Size
-
Price per sqft
$141
Property Type
House
Property Taxes
-
HOA Dues
$24
Year Built
2002

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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: 5 months ago (Space Coast MLS #872319)

Price History

Date / Event Date Event Price
May 20, 2020 Sold
Premium
Sold
Mar 31, 2020 Listed by Denovo Realty $299,900
Listed by Denovo Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2012
  • 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: 460
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,866
  • Gross Building Area: 2,866
  • Building Area: 2,132
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,132
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROSS CREEK PHASE TWO
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • Legal Description 1: CROSS CREEK PHASE TWO LOT 12 BLK A

Neighborhood

  • Census Tract: 063106

Geography

  • Assessors Map Reference: MB 47 PG 19
  • Account Number: 2624409
  • Subdivision Phase Number: 2
  • Parcel: 26-36-03-SF-0000A.0-0012.00
  • Block: A
  • Lot: 12
  • Meridian: SEC 03 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2556
  • Longitude: -80.7214

    Address

  • Full Address: 1973 Laramie Cir
  • Address - House Number: 1973
  • Address - Street Name: Laramie
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R090
  • 4-Digit Zip Code: 6361
  • Zip Code: 32940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $330,657
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 516,910
  • High Value: 617,668
  • Low Value: 416,152

    Market Valuation

  • Market Total Value: $396,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $265,180

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020113278
  • Previous Sale Recording Date: Jan 22, 2003
  • Previous Sale Contract Date: Jan 20, 2003
  • 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 Cross Creek

Stats & Trends

Median Asking:

$477,000

Sale Price/ft²

$206

Above Asking

0.00%

Average Days on Market

78

Average Home Size

2318 ft²

Average Home Age

24 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 1749 Tullagee Avenue, Melbourne, FL, 32940

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,807 ft²
1749 Tullagee Avenue, Melbourne, FL, 32940 Listing by Maureen G Harrell
Unit for rent at 2138 Caledonia Place, Melbourne, FL, 32940

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,902 ft²
2138 Caledonia Place, Melbourne, FL, 32940 Listing by Gregory Ellingson
Unit for rent at 700 Trotter Lane, MELBOURNE, FL, 32940

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,811 ft²
700 Trotter Lane #204, MELBOURNE, FL, 32940 Listing by Ashley Langford

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Garrett Bell, Denovo Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 872319
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 1973 Laramie Circle built and last sold?
The property at 1973 Laramie Circle was built in 2002 and last sold on May 20, 2020 for $307,000.
How much is this home worth?
The estimated value of the home located at 1973 Laramie Circle is $0.
What are some comparable homes to 1973 Laramie Circle?
There are currently no comparable homes to 1973 Laramie Circle.
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