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Malabar 32950 Oakmont Preserve
2373 Westhorpe Drive
$659,900
● House - Off Market

2373 Westhorpe Drive

Malabar, FL 32950
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$903,889
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Immaculate 4 bedroom, 3.5 bath pool home in the tranquil gated community of Oakmont Preserve. Luxury features throughout: tile roof, race deck diamond garage floor, paver lanai and driveway, whole home audio, crown molding, tray ceilings, custom his and her closets, hardwood flooring, porcelain tile, granite counter tops, cherry cabinets, kitchen island, large pantry, stainless steel appliances, master bath with walk in shower and dual shower heads, whirlpool tub, his and her sinks, on demand water heater, water softener and RO system are just a few of the upgrades. Formal living and dining room, family room, and study. Spectacular views from the screened lanai. Self cleaning salt water solar heated pool and luxurious hot tub overlook private pond and conservation land.
Unit Size
-
Days on Market
-
Land Size
1.37 acres
Price per sqft
-
Property Type
House
Property Taxes
$384
HOA Dues
$750
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: 2 years ago (Space Coast MLS #878107)

Price History

Date / Event Date Event Price
Aug 19, 2020 Sold
Premium
Sold
Jun 16, 2020 Listed by Homelister, Inc. $659,900
Listed by Homelister, Inc.
Sep 25, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 772
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 59,677
  • Lot Size Depth Feet: 3,200
  • Lot Size Frontage Feet: 1,870
  • Total Building Area: 4,366
  • Gross Building Area: 4,366
  • Building Area: 3,035
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,035
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKMONT PRESERVE SUBDIVISION
  • Land Acres: 0000001370
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: OAKMONT PRESERVE SUBDIVISION LOT 44

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065231

Zoning

  • Zoning: RR65

Geography

  • Assessors Map Reference: MB 55 PG 58
  • Account Number: 2964448
  • Parcel: 29-38-06-UU-00000.0-0044.00
  • Lot: 44
  • Meridian: SEC 06 TWN 29S RNG 38E
  • Municipality: MALABAR
  • Latitude: 27.9942
  • Longitude: -80.5712

    Address

  • Full Address: 2373 Westhorpe Dr
  • Address - House Number: 2373
  • Address - Street Name: Westhorpe
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Malabar
  • Carrier Code: R001
  • 4-Digit Zip Code: 7002
  • Zip Code: 32950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $836,572
  • Tax Rate Code Area: 34Z0

    Appraisal Valuation

  • Standard Deviation: 0.1932
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 865,865
  • High Value: 1,033,162
  • Low Value: 698,568

    Market Valuation

  • Market Total Value: $584,680

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $584,680

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020178061
  • Previous Sale Recording Date: Sep 25, 2014
  • Previous Sale Contract Date: Sep 16, 2014
  • Previous Sale Amount: $50,000
  • 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 Oakmont Preserve

Stats & Trends

Median Asking:

$850,000

Sale Price/ft²

$337

Above Asking

0.00%

Average Days on Market

87

Average Home Size

3155 ft²

Average Home Age

3 years

Currently For Sale

1 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 5055 Dixie Highway Ne, Palm Bay, FL, 32905

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,480 ft²
5055 Dixie Highway Ne #B106, Palm Bay, FL, 32905 Listing by Dana Calderaro

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Jennifer Stein, Homelister, Inc.
Last Updated: 2 years ago
Data Source: Space Coast MLS, MLS# 878107
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 2373 Westhorpe Drive built and last sold?
The property at 2373 Westhorpe Drive was built in 2015 and last sold on Aug 18, 2020 for $659,900.
How much is this home worth?
The estimated value of the home located at 2373 Westhorpe Drive is $0.
What are some comparable homes to 2373 Westhorpe Drive?
There are currently no comparable homes to 2373 Westhorpe Drive.
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