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Viera West 32940
2215 Framura Lane
$562,000
● House - Off Market

2215 Framura Lane

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,030 Ft²
$611,247
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

This exceptional home layout is fit for multigenerational use. It boasts wall to wall, remodeled & updated features that'll set it above competition. Relax in a spaciously private courtyard w/ a summer kitchen or in a newly renovated kitchen w/ all new stainless steel appliances, 3 rack d/w, slow close cabinetry, 42inch upper cabs w/ under lighting, quartz bar top changed to flat top, reverse osmosis water system, pendant lights & double oven. Other updates include new flooring, door locks/wall switches/fans throughout are wi-fi connected, water softener, upgraded front door & included window treatments. The garage has a top of line wall a/c system, with insulated attic ceiling/garage door. There's also additional garage laundry hookups, providing 1st & 2nd story laundry. Much more to see! see!
Unit Size
2,030 Ft²
Days on Market
28 days
Land Size
0.10 acres
Price per sqft
$288
Property Type
House
Property Taxes
$414
HOA Dues
$644
Year Built
2016

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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: 7 months ago (Space Coast MLS #955107)

Price History

Date / Event Date Event Price
Feb 22, 2023 Sold
Premium
Sold
Jan 19, 2023 Listed by RE/MAX Aerospace Realty $585,000
Listed by RE/MAX Aerospace Realty
Dec 29, 2022 No longer available -
No longer available
Dec 20, 2022 In contract -
In contract
Nov 11, 2022 Listed by RE/MAX Aerospace Realty $555,000
Listed by RE/MAX Aerospace Realty
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 2
  • 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: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 2,566
  • Gross Building Area: 2,566
  • Building Area: 2,030
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,030
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARRIVAS VILLAGE - PHASE 1
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: ARRIVAS VILLAGE - PHASE 1 LOT 2 BLK D

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064128

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 60 PG 6
  • Account Number: 2632510
  • Subdivision Phase Number: 1
  • Parcel: 26-36-09-76-0000D.0-0002.00
  • Block: D
  • Lot: 2
  • Meridian: SEC 09 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2349
  • Longitude: -80.7265

    Address

  • Full Address: 2215 Framura Ln
  • Address - House Number: 2215
  • Address - Street Name: Framura
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R002
  • 4-Digit Zip Code: 7412
  • Zip Code: 32940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $517,677
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.0843
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 547,064
  • High Value: 593,234
  • Low Value: 500,894

    Market Valuation

  • Market Total Value: $426,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $426,420

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35309
  • Previous Sale Recording Date: Aug 16, 2021
  • Previous Sale Contract Date: Aug 09, 2021
  • Previous Sale Amount: $407,000
  • 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 Viera West

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$261

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2216 ft²

Average Home Age

10.4 years

Currently For Sale

73 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 1143 Egret Lake Way, Melbourne, FL, 32940

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,847 ft²
1143 Egret Lake Way, Melbourne, FL, 32940 Listing by Jack A Maggard
Unit for rent at 2490 Treasure Cay Lane, Melbourne, FL, 32940

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,565 ft²
2490 Treasure Cay Lane, Melbourne, FL, 32940 Listing by Bryant Dorricott

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Alex Callough, RE/MAX Aerospace Realty
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 955107
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 2215 Framura Lane built and last sold?
The property at 2215 Framura Lane was built in 2016 and last sold on Feb 16, 2023 for $562,000.
How much is this home worth?
The estimated value of the home located at 2215 Framura Lane is $580,483.
What are some comparable homes to 2215 Framura Lane?
There are currently no comparable homes to 2215 Framura Lane.
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