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Malabar 32950
2485 Candy Lane
$170,500
● House - Off Market

2485 Candy Lane

Malabar, FL 32950
bedrooms
5 Beds
bathrooms
2 Baths
$339,016
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

5 bedroom, 2 bath, pool home in desirable area of Malabar. Home sits on over 1.6 acres! Awesome possibility to be a really great home. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.
Unit Size
-
Days on Market
-
Land Size
1.61 acres
Price per sqft
-
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1996

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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: 3 years ago (Space Coast MLS #670585)

Price History

Date / Event Date Event Price
Nov 5, 2013 Sold
Premium
Sold
Jun 13, 2013 Listed by SunCoast Real Estate Group $173,900
Listed by SunCoast Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • 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: 529
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 70,132
  • Total Building Area: 2,641
  • Gross Building Area: 2,641
  • Building Area: 2,046
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,046
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001610
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: S 2/10 OF W 1/2 OF W 1/2 OF SW 1/4 OF SE 1/4 EX W 25 & S 35 AS DES IN ORB 1373 PG 720

Neighborhood

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

Zoning

  • Zoning: RR65

Geography

  • Assessors Map Reference: 393
  • Account Number: 2922296
  • Parcel: 29-37-01-00-00760.0-0000.00
  • Block: 760
  • Meridian: SEC 01 TWN 29S RNG 37E
  • Municipality: MALABAR
  • Latitude: 27.9839
  • Longitude: -80.5811

    Address

  • Full Address: 2485 Candy Ln
  • Address - House Number: 2485
  • Address - Street Name: Candy
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Malabar
  • Carrier Code: R001
  • 4-Digit Zip Code: 3530
  • Zip Code: 32950

Valuation

    Tax

  • Total Area: 2,380
  • Tax Year: 2022
  • Tax Amount: $242,287
  • Tax Rate Code Area: 34Z0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 645,192
  • High Value: 761,932
  • Low Value: 528,452

    Market Valuation

  • Market Total Value: $432,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $192,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2013
  • Current Sale Recording Date: Nov 05, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013244442
  • Previous Sale Recording Date: Jun 03, 2013
  • Previous Sale Contract Date: May 28, 2013
  • 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 Malabar

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$245

Below Asking

0.04%

Average Days on Market

84

Average Home Size

3055 ft²

Average Home Age

24.8 years

Currently For Sale

13 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

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Reagan L Masone, SunCoast Real Estate Group
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 670585
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 2485 Candy Lane built and last sold?
The property at 2485 Candy Lane was built in 1996 and last sold on Oct 30, 2013 for $170,500.
How much is this home worth?
The estimated value of the home located at 2485 Candy Lane is $0.
What are some comparable homes to 2485 Candy Lane?
There are currently no comparable homes to 2485 Candy Lane.
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