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Melbourne 32935 Indianhead
2759 Choctaw Drive
Photo of 2759 Choctaw Drive
Sold on Mar 11, 2016

1

Map

$83,000
● House - Off Market

2759 Choctaw Drive

Melbourne, FL 32935
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,372 Ft²
$173,881
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

FIXER UPPER ! PRICE REDUCED ! 3 Bedroom 2 Bath - This home is in a great location within walking distance to Roy Allen Elementary school, Jimmy Moore Park, shopping, restaurants and more.
Unit Size
1,372 Ft²
Days on Market
13 days
Land Size
0.17 acres
Price per sqft
$73
Property Type
House
Property Taxes
$54
HOA Dues
-
Year Built
1967

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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: 4 months ago (Space Coast MLS #737063)

Price History

Date / Event Date Event Price
Jul 21, 2016 Sold
Premium
Sold
May 10, 2016 Listed by Properties By Lanko, Inc $139,900
Listed by Properties By Lanko, Inc
Mar 16, 2016 Sold
Premium
Sold
Oct 11, 2015 Listed by Properties By Lanko, Inc $99,900
Listed by Properties By Lanko, Inc

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 216
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 648
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,359
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,359
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIANHEAD UNIT 2
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: INDIANHEAD UNIT 2 LOT 25 BLK 1

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064400

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 294
  • Account Number: 2721610
  • Parcel: 27-37-19-52-00001.0-0025.00
  • Block: 1
  • Lot: 25
  • Meridian: SEC 19 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.119
  • Longitude: -80.6678

    Address

  • Full Address: 2759 Choctaw Dr
  • Legal Unit: 2
  • Address - House Number: 2759
  • Address - Street Name: Choctaw
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C019
  • 4-Digit Zip Code: 8816
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 1,579
  • Tax Year: 2022
  • Tax Amount: $148,033
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 285,972
  • High Value: 337,715
  • Low Value: 234,228

    Market Valuation

  • Market Total Value: $199,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 18, 2016
  • Current Sale Recording Date: Jul 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016141607
  • Previous Sale Recording Date: Mar 16, 2016
  • Previous Sale Contract Date: Mar 11, 2016
  • Previous Sale Amount: $83,000
  • 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 Indianhead

Stats & Trends

Median Asking:

$289,500

Sale Price/ft²

$208

Below Asking

0.02%

Average Days on Market

92

Average Home Size

1356 ft²

Average Home Age

61.5 years

Currently For Sale

2 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 1527 Spruce Road, Melbourne, FL, 32935

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,401 ft²
1527 Spruce Road, Melbourne, FL, 32935 Listing by Jeff Hagen
Unit for rent at 608 Sacre Coeur Drive, Melbourne, FL, 32935

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,184 ft²
608 Sacre Coeur Drive, Melbourne, FL, 32935 Listing by Justin K Brown
Unit for rent at 2604 Corbusier Drive, Melbourne, FL, 32935

$2,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,242 ft²
2604 Corbusier Drive, Melbourne, FL, 32935 Listing by Cynthia J Tripp

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Lance E. Kotowski, Properties By Lanko, Inc
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 737063
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 2759 Choctaw Drive built and last sold?
The property at 2759 Choctaw Drive was built in 1967 and last sold on Jul 18, 2016 for $132,500.
How much is this home worth?
The estimated value of the home located at 2759 Choctaw Drive is $141,299.
What are some comparable homes to 2759 Choctaw Drive?
There are currently no comparable homes to 2759 Choctaw Drive.
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