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Brevard 32940
2022 Great Belt Circle
$399,000
● House - Off Market

2022 Great Belt Circle

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,606 Ft²
$413,179
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Big $ reduction! Motivated! Ready to go newer home in popular 55+ Bridgewater! This is a smart home! Great rm layout w/ volume ceilings, open island kitchen w/ attractive backsplash, pantry & breakfast bar overlooking the spacious great rm w/ tray ceiling & triple sliders leading to the screened patio w/ paver decking! Layout also offers dining rm area! Split bdrm plan w/ master retreat boasting a tray ceiling, preserve view, huge walk-in closet, double sinks & large shower! Two guest bdrms w/ one incl a murphy bed & double door entry.  Laundry rm incl laundry tub & 2-car garage has extra shelfing! Add'l features incl storm shutters, 8 ft door & paver driveway! Community offers heated pool, spa, fitness center, movie theater, billiards, ballrm, tennis, pickleball & bocce ball! Make offer!! offer!!
Unit Size
1,606 Ft²
Days on Market
163 days
Land Size
0.14 acres
Price per sqft
$255
Property Type
House
Property Taxes
$307
HOA Dues
$400
Year Built
2021

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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: 6 months ago (Space Coast MLS #951012)

Price History

Date / Event Date Event Price
May 4, 2023 Sold
Premium
Sold
Nov 20, 2022 Listed by Daignault Realty Inc $410,000
Listed by Daignault Realty Inc
Mar 11, 2021 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 418
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,203
  • Gross Building Area: 2,203
  • Building Area: 1,606
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,606
  • 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: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • Legal Description 1: BRIDGEWATER CENTRAL AT VIERA LOT 33 BLK F

Neighborhood

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

Geography

  • Assessors Map Reference: MB 66 PG 81
  • Account Number: 3019743
  • Parcel: 26-36-28-WZ-0000F.0-0033.00
  • Block: F
  • Lot: 33
  • Meridian: SEC 28 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2003
  • Longitude: -80.7224

    Address

  • Full Address: 2022 Great Belt Cir
  • Address - House Number: 2022
  • Address - Street Name: Great Belt
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R130
  • 4-Digit Zip Code: 7293
  • Zip Code: 32940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $368,202
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.0843
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 395,281
  • High Value: 428,641
  • Low Value: 361,921

    Market Valuation

  • Market Total Value: $302,240

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $290,130

    Sales

  • Current Sale Contract Date: May 03, 2023
  • Current Sale Recording Date: May 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 90722
  • Previous Sale Recording Date: Mar 11, 2021
  • Previous Sale Contract Date: Mar 04, 2021
  • Previous Sale Amount: $281,000
  • 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:

$365,990

Sale Price/ft²

$216

Above Asking

0.14%

Average Days on Market

78

Average Home Size

1816 ft²

Average Home Age

28.9 years

Currently For Sale

3847 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 4858 Chastain Drive, Melbourne, FL, 32940

$2,800 /mo

  • 4 Beds
  • 4 Baths
  • 2,800 ft²
4858 Chastain Drive, Melbourne, FL, 32940 Listing by Chelsea Lebkicher
Unit for rent at 2680 Ballydoyle Lane, Melbourne, FL, 32940

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,511 ft²
2680 Ballydoyle Lane, Melbourne, FL, 32940 Listing by Sallie H Mack

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Michelle Daignault-Ives, Daignault Realty Inc
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 951012
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 2022 Great Belt Circle built and last sold?
The property at 2022 Great Belt Circle was built in 2021 and last sold on May 3, 2023 for $399,000.
How much is this home worth?
The estimated value of the home located at 2022 Great Belt Circle is $0.
What are some comparable homes to 2022 Great Belt Circle?
There are currently no comparable homes to 2022 Great Belt Circle.
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