$760,000
●
House -
Off Market
225 Ross Avenue
Melbourne Beach, FL 32951
4 Beds
3 Baths,
1
Half Bath
2,901 Ft²
$1,115,233
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
DOCK WALKING DISTANCE!Absolutely stunning custom built luxurious
home with waterfront dock side & walking distance to beach. Custom
kitchen, professional Wolf appliances & subzero refrigerator, built
in bench in breakfast nook with cushions, pillows, all hardwood,
custom crown moldings & baseboards, fireplace surround with
bookcase, bar with lighted marble glass shelving & built in beer
tap, office, wired internet & coax throughout, grandeur door knobs
including long plates & crystal knobs, 2 laundry hookups, windows,
doors hurricane impact, 3 exterior porches with front porch swing,
solar heated, pool/spa & in-pool fire pit, inline salt generator,
outdoor shower, built in outdoor speakers, fenced in backyard,
isynene sprayed insulation in attic, 4 car garage. Dock, boat lift,
boat house
Unit Size
2,901 Ft²
Days on Market
214 days
Land Size
0.26 acres
Price per sqft
$284
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
2010
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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 #866940)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Mar 17, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Listed by RE/MAX Crown Realty | $1,240,000 | |
| Listed by RE/MAX Crown Realty | |||
| | |||
|
Move-in ready! It is located 2 blocks from ocean access and walking distance to private dock with boat lift. This custom built home features professional Wolf and Sub-Zero appliances, 10-foot ceilings, custom crown molding and baseboards, gas fireplace, beautiful built-in bar with Kegerator, Grandeur door knobs with long plates, claw-foot tub, 2 laundry rooms, impact doors and windows, solar heated pool and spa, in-pool fire pit, outdoor shower, fenced in backyard, 4-car garage, a brand new roof and the security of Concrete block upper and lower. ''Homeowners are licensed real estate sales associate
| |||
| Sep 8, 2020 | Sold | ||
| Sold | |||
| Feb 3, 2020 | Listed by Dale Sorensen Real Estate Inc. | $825,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Crystal Lakes
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Listed by: Eva McMillan, Dale Sorensen Real Estate Inc.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 866940
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: 6 months ago
Data Source: Space Coast MLS, MLS# 866940
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