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Melbourne 32935 Fountainhead
2793 Rheims
$100,000
● House - Off Market

2793 Rheims

Melbourne, FL 32935
bedrooms
5 Beds
bathrooms
3 Baths
$238,693
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Spacious home near the Rivers, Ocean beaches, and Golf courses of Central Brevard County. Established desirable neighborhood, close to shopping, dog track & gaming entertainment. Large master BR/Suite with direct pool and spa access, also large master BR/Suite over the garage. Pool access thru 2nd bathroom, and other bed room, as well as living room patio. Built in workshop in the garage/laundry room. Easy to revive this into your beautiful Florida Home.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1971

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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 #633164)

Price History

Date / Event Date Event Price
May 17, 2012 Sold
Premium
Sold
Jan 12, 2012 Listed by Mutter Realty ERA Powered $110,000
Listed by Mutter Realty ERA Powered

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 296
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 9
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,746
  • Gross Building Area: 2,746
  • Building Area: 2,263
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,263
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOUNTAINHEAD UNIT 2
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: FOUNTAINHEAD UNIT 2 LOT 24 BLK 3

Neighborhood

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

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 294
  • Account Number: 2721744
  • Parcel: 27-37-19-53-00003.0-0024.00
  • Block: 3
  • Lot: 24
  • Meridian: SEC 19 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1152
  • Longitude: -80.6685

    Address

  • Full Address: 2793 Rheims Ave
  • Legal Unit: 2
  • Address - House Number: 2793
  • Address - Street Name: Rheims
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C019
  • 4-Digit Zip Code: 8747
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 2,510
  • Tax Year: 2022
  • Tax Amount: $408,615
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2031
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 369,188
  • High Value: 444,193
  • Low Value: 294,184

    Market Valuation

  • Market Total Value: $257,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $130,820

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2012
  • Current Sale Recording Date: May 17, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012096363
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 Fountainhead

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$243

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1032 ft²

Average Home Age

55 years

Currently For Sale

1 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

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SpaceCoast

Listed by: James Webster, Mutter Realty ERA Powered
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 633164
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 2793 Rheims Avenue built and last sold?
The property at 2793 Rheims Avenue was built in 1971 and last sold on May 11, 2012 for $100,000.
How much is this home worth?
The estimated value of the home located at 2793 Rheims Avenue is $0.
What are some comparable homes to 2793 Rheims Avenue?
There are currently no comparable homes to 2793 Rheims Avenue.
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