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Melbourne 32935 Bowe Gardens
2423 Boyd Avenue
$226,000
● House - Off Market

2423 Boyd Avenue

Melbourne, FL 32935
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,302 Ft²
$279,849
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Updated and Upgraded, this home is ready to move in!  Fully Renovated in 2014 Current owner has: Modified floor plan, updated Master & Master Bath w/Double Sinks, opened kitchen and Updated with Granite, Updated 2nd Bath, New Vinyl Plank Flooring, Converted Carport to Single Car Garage (Part Currently set as Flex Room 132 LSF), Added A/C to Laundry room and plumbed for utility Tub, new Stucco, and Exterior Paint (2019).  Also, in 2014 homeowner installed all new electrical wiring, electrical panel and service wire. They put in new plumbing, installed new roof & new insulation, installed impact windows (except one glass block).  Wonderful  location: close to shopping, restaurants, easy access to beaches & highways.
Unit Size
1,302 Ft²
Days on Market
59 days
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (Space Coast MLS #892738)

Price History

Date / Event Date Event Price
Feb 26, 2021 Sold
Premium
Sold
Dec 17, 2020 Listed by RE/MAX Elite $220,000
Listed by RE/MAX Elite
Jul 3, 2014 Sold
Premium
Sold
May 26, 2014 Listed by RE/MAX Elite $52,800
Listed by RE/MAX Elite

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 260
  • Parking Space Count: 0
  • Patio Type: 17
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,522
  • Gross Building Area: 1,522
  • Building Area: 1,247
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,247
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOWE GARDENS SEC J 3
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • Legal Description 1: BOWE GARDENS SEC J 3 LOT 1 BLK L

Neighborhood

  • Census Tract: 064500

Geography

  • Assessors Map Reference: MB 12 PG 86
  • Account Number: 2720990
  • Parcel: 27-37-19-05-0000L.0-0001.00
  • Block: L
  • Lot: 1
  • Meridian: SEC 19 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1237
  • Longitude: -80.6615

    Address

  • Full Address: 2423 Boyd Ave
  • Address - House Number: 2423
  • Address - Street Name: Boyd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C006
  • 4-Digit Zip Code: 2737
  • Zip Code: 32935

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $287,969
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 286,348
  • High Value: 338,160
  • Low Value: 234,537

    Market Valuation

  • Market Total Value: $204,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $204,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021054179
  • Previous Sale Recording Date: Jul 03, 2014
  • Previous Sale Contract Date: Jun 27, 2014
  • Previous Sale Amount: $51,000
  • 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 Bowe Gardens

Stats & Trends

Median Asking:

$262,700

Sale Price/ft²

$191

Below Asking

0.03%

Average Days on Market

77

Average Home Size

1254 ft²

Average Home Age

63.7 years

Currently For Sale

20 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 2277 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2277 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2267 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2267 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2261 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2261 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Barbara Lyn, RE/MAX Elite
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 892738
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 2423 Boyd Avenue built and last sold?
The property at 2423 Boyd Avenue was built in 1959 and last sold on Feb 26, 2021 for $226,000.
How much is this home worth?
The estimated value of the home located at 2423 Boyd Avenue is $0.
What are some comparable homes to 2423 Boyd Avenue?
There are currently no comparable homes to 2423 Boyd Avenue.
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