$450,000
●
House -
Off Market
2410 Colonial Drive
Melbourne, FL 32901
4 Beds
3 Baths
2,539 Ft²
$485,965
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Looking for a large pool home to make your own? This 4/3 2539 sq ft
home is on a well-manicured oversized lot. Kitchen has been updated
with granite, custom cabinets, and backsplash to match the tile on
the floor. There are 4 bedrooms plus a media/office space and
utility room. Florida room is off the kitchen and leads to a
large open porch with wood beams overlooking your sparkling pool,
backyard and mango trees. There is even an outdoor shower! Plumbing
has already been redone and pipes replaced. Sprinkler and pool
pumps are only one year old. Separate hookup for generator at the
panel box west side of garage. Close to FIT, shopping and
restaurants.
Unit Size
2,539 Ft²
Days on Market
28 days
Land Size
0.36 acres
Price per sqft
$187
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1961
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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 #938590)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by One Sotheby's International | $589,000 | |
| Listed by One Sotheby's International | |||
| | |||
|
This spacious 5 bedroom home has undergone a complete interior renovation and has been operating as a successful vacation rental, so currently available for your immediate use and/or income. The home features dual master suites + three additional bedrooms, three modern bathrooms, so plenty of room for everyone! You'll love the open, light-filled living area with contemporary fixtures, ceiling fans, and sleek tile flooring. The kitchen includes recessed lighting, smooth-closing drawers, granite countertop, and premium stainless steel appliances. Outside, an expansive, privacy fenced backyard, generous covered lanai & a large, refreshing pool is perfect for relaxation, entertaining and soaking in our perfect weather year round. With a new AC system and tankless water heater, this turnkey property is set up perfectly for rental success and/or your personal enjoyment. Call today !
| |||
| Jul 26, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by EXP Realty, LLC | $475,000 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Melbourne
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Listed by: Melissa Goldman, EXP Realty, LLC
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 938590
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# 938590
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