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Mims 32754
2275 Kentucky Avenue
$148,000
● House - Off Market

2275 Kentucky Avenue

Mims, FL 32754
bedrooms
3 Beds
bathrooms
2 Baths
$251,225
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
2.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1990

Payment Calculator

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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: 3 years ago (Space Coast MLS #750827)

Price History

Date / Event Date Event Price
Jun 24, 2016 Sold
Premium
Sold
Apr 1, 2016 Listed by RE/MAX Elite $148,000
Listed by RE/MAX Elite

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 594
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 92,347
  • Total Building Area: 2,389
  • Gross Building Area: 2,389
  • Building Area: 1,545
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,545
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACREAGE
  • Land Acres: 0000002120
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PART OF S 1/4 OF SW 1/4 OF SW 1/4 AS DESC IN ORB 3347 PG 2713 EXC ORB 2966 PG 1968, 3433 PG 3477, RD R/W PAR 508

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 060103

Zoning

  • Zoning: RU17

Geography

  • Assessors Map Reference: 44
  • Account Number: 2111091
  • Parcel: 21-35-17-00-00507.0-0000.00
  • Block: 507
  • Meridian: SEC 17 TWN 21S RNG 35E
  • Municipality: UNINCORP DISTRICT 1
  • Latitude: 28.6599
  • Longitude: -80.8453

    Address

  • Full Address: 2275 Kentucky Ave
  • Address - House Number: 2275
  • Address - Street Name: Kentucky
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Mims
  • Carrier Code: C002
  • 4-Digit Zip Code: 3818
  • Zip Code: 32754

Valuation

    Tax

  • Total Area: 1,964
  • Tax Year: 2022
  • Tax Amount: $242,923
  • Tax Rate Code Area: 1300

    Appraisal Valuation

  • Standard Deviation: 0.183
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 431,620
  • High Value: 510,631
  • Low Value: 352,609

    Market Valuation

  • Market Total Value: $278,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $189,970

    Sales

  • Current Sale Contract Date: Jun 21, 2016
  • Current Sale Recording Date: Jun 24, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016122805
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 Mims

Stats & Trends

Median Asking:

$359,990

Sale Price/ft²

$205

Below Asking

0.03%

Average Days on Market

70

Average Home Size

1385 ft²

Average Home Age

25.7 years

Currently For Sale

60 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 4825 Squires Drive, TITUSVILLE, FL, 32796

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,691 ft²
4825 Squires Drive #1, TITUSVILLE, FL, 32796 Listing by Abel Henriquez
Unit for rent at 3025 Briarwood Lane, Titusville, FL, 32796

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,881 ft²
3025 Briarwood Lane, Titusville, FL, 32796 Listing by James Mutter

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Suzi Granger, RE/MAX Elite
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 750827
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 2275 Kentucky Avenue built and last sold?
The property at 2275 Kentucky Avenue was built in 1990 and last sold on Jun 21, 2016 for $151,600.
How much is this home worth?
The estimated value of the home located at 2275 Kentucky Avenue is $0.
What are some comparable homes to 2275 Kentucky Avenue?
There are currently no comparable homes to 2275 Kentucky Avenue.
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