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Melbourne 32935 Calico Heights
1992 Elkins Point Drive
$475,000
● House - Off Market

1992 Elkins Point Drive

Melbourne, FL 32935
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,674 Ft²
$468,620
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This two story home offers 5 bedroom, 3 baths.  The main level has bedroom and bath perfect for guests  An open concept with LARGE kitchen island that overlooks both the living and dining areas.  The main level flex space creates and additional living room, office, or play room.  The plan features cabinets with crown molding, granite counter tops in kitchen and master bath, Close to restaurants, Wickham Park, shopping and schools,  Perfect for any family.
Unit Size
2,674 Ft²
Days on Market
32 days
Land Size
0.13 acres
Price per sqft
$174
Property Type
House
Property Taxes
$299
HOA Dues
$40
Year Built
2015

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Cap Rate Calculator

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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 #932487)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
Apr 18, 2022 Listed by RE/MAX Elite $465,000
Listed by RE/MAX Elite
Jul 12, 2018 Sold
Premium
Sold
Nov 17, 2015 Sold
Premium
Sold
Jun 26, 2015 Listed by RE/MAX Elite $239,085
Listed by RE/MAX Elite

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,326
  • Gross Building Area: 3,326
  • Building Area: 2,674
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,674
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALICO HEIGHTS
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CALICO HEIGHTS LOT 10 BLK B

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064124

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: MB 57 PG 68
  • Account Number: 2746261
  • Parcel: 27-37-05-31-0000B.0-0010.00
  • Block: B
  • Lot: 10
  • Meridian: SEC 05 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1712
  • Longitude: -80.6539

    Address

  • Full Address: 1992 Elkins Point Dr
  • Address - House Number: 1992
  • Address - Street Name: Elkins Point
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C033
  • 4-Digit Zip Code: 4798
  • Zip Code: 32935

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $353,504
  • Tax Rate Code Area: 43K0

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 497,214
  • High Value: 595,465
  • Low Value: 398,964

    Market Valuation

  • Market Total Value: $346,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $242,410

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 142716
  • Previous Sale Recording Date: Jul 12, 2018
  • Previous Sale Contract Date: Jun 27, 2018
  • Previous Sale Amount: $285,000
  • 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 Calico Heights

Stats & Trends

Median Asking:

$356,500

Sale Price/ft²

$215

Below Asking

0.05%

Average Days on Market

93

Average Home Size

1660 ft²

Average Home Age

11 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 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 2273 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2273 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: Karen Osiniak, RE/MAX Elite
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 932487
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 1992 Elkins Point Drive built and last sold?
The property at 1992 Elkins Point Drive was built in 2015 and last sold on May 31, 2022 for $475,000.
How much is this home worth?
The estimated value of the home located at 1992 Elkins Point Drive is $0.
What are some comparable homes to 1992 Elkins Point Drive?
There are currently no comparable homes to 1992 Elkins Point Drive.
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