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Viera West 32940
2470 Treasure Cay Lane
$234,730
● House - Off Market

2470 Treasure Cay Lane

Melbourne, FL 32940
bedrooms
2 Beds
bathrooms
2 Baths
$344,174
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Under Construction- 55 Plus community, The sweeping one-story floor plan of the Areca is Florida living at its finest. An elegant design to fit any lifestyle,this spacious oasis combines relaxation and luxury. A huge living, kitchen and breakfast area boasting nine-foot ceilings throughout opens to a covered terrace that provides an unforgettable paradise. The indulgent master suite will delight with its own private terrace entrance, generous walk-in closet and an en suite with a spacious glass-enclosed shower and grand double-vanity. Adding to this already sizable contemporary retreat is a classic den, airy second bedroom, powder room, designated laundry room and a substantial two-car garage.Home comes complete with ''Everything Included''® package
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$58
HOA Dues
$240
Year Built
2019

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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 #853190)

Price History

Date / Event Date Event Price
Aug 26, 2019 Sold
Premium
Sold
Aug 13, 2019 Listed by Lennar Homes Realty $234,730
Listed by Lennar Homes Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 31
  • 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: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,328
  • Gross Building Area: 2,328
  • Building Area: 1,592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIDGEWATER NORTH AT VIERA
  • Land Acres: 0000000120
  • Standard Land Use Code: 1101
  • County Land Use Code: 0121
  • Legal Description 1: BRIDGEWATER NORTH AT VIERA LOT 45 BLK H

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071353

Geography

  • Assessors Map Reference: MB 63 PG 20
  • Account Number: 3014934
  • Parcel: 26-36-21-75-0000H.0-0045.00
  • Block: H
  • Lot: 45
  • Meridian: SEC 21 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2086
  • Longitude: -80.7302

    Address

  • Full Address: 2470 Treasure Cay Ln
  • Address - House Number: 2470
  • Address - Street Name: Treasure Cay
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R130
  • 4-Digit Zip Code: 7981
  • Zip Code: 32940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $336,073
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 432,797
  • High Value: 511,107
  • Low Value: 354,488

    Market Valuation

  • Market Total Value: $294,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $265,460

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 21, 2019
  • Current Sale Recording Date: Aug 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019187193
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 Viera West

Stats & Trends

Median Asking:

$539,900

Sale Price/ft²

$261

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2274 ft²

Average Home Age

11.1 years

Currently For Sale

117 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

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SpaceCoast

Listed by: Benjamin Aaron Goldstein, Lennar Homes Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 853190
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 2470 Treasure Cay Lane built and last sold?
The property at 2470 Treasure Cay Lane was built in 2019 and last sold on Aug 21, 2019 for $234,800.
How much is this home worth?
The estimated value of the home located at 2470 Treasure Cay Lane is $0.
What are some comparable homes to 2470 Treasure Cay Lane?
There are currently no comparable homes to 2470 Treasure Cay Lane.
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