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Sebastian 32958
280 Midvale Terrace
$285,000
● House - Off Market

280 Midvale Terrace

Sebastian, FL 32958
bedrooms
2 Beds
bathrooms
2 Baths
$1,717
Est. Monthly
6.04%
Cap Rate

About This Property

This 2/2/1 pool home is located in one of the most desirable areas in the Sebastian Highlands. Home features vinyl siding, accordion shutters,2024 AC, heated private pool, 2021 roof,2019 drain field, newer wood laminate floors, Florida room with Ac, screened porch and a pad to park your boat or RV. Just 15 minutes from some of the best beaches. Priced to sell.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1987

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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: 2 years ago (Space Coast MLS #1030642)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Premium
Sold
Nov 27, 2024 In contract -
In contract
Nov 26, 2024 Listed by Treasure Coast Realty LLC $274,900
Listed by Treasure Coast Realty LLC
Dec 19, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 247
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,576
  • Gross Building Area: 1,576
  • Building Area: 1,329
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,329
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEBASTIAN HIGHLANDS UNIT 11
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SEBASTIAN HIGHLANDS UNIT 11 BLK 380 LOT 30 PBI 7-56H

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050809

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-38-25-00001-3800-00030.0
  • Block: 380
  • Lot: 30
  • Meridian: SEC 25 TWN 31S RNG 38E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.7616
  • Longitude: -80.4784

    Address

  • Full Address: 280 Midvale Ter
  • Legal Unit: 11
  • Address - House Number: 280
  • Address - Street Name: Midvale
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R021
  • 4-Digit Zip Code: 6208
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 1,515
  • Tax Year: 2022
  • Tax Amount: $334,509
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 347,465
  • High Value: 426,323
  • Low Value: 268,606

    Market Valuation

  • Market Total Value: $229,679
  • Market Land Value: $35,020
  • Market Improvement Value: $194,659

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $229,679
  • Assessed Land Value: $35,020
  • Assessed Improvements Value: $194,659

    Sales

  • Current Sale Contract Date: Dec 13, 2013
  • Current Sale Recording Date: Dec 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120130079316
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 Sebastian

Stats & Trends

Median Asking:

$374,990

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1770 ft²

Average Home Age

27.3 years

Currently For Sale

174 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 6180 98th Lane, Sebastian, FL, 32958

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 933 ft²
6180 98th Lane, Sebastian, FL, 32958 Listing by William Novak

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Tim Borden, Treasure Coast Realty LLC
Last Updated: 2 years ago
Data Source: Space Coast MLS, MLS# 1030642
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 280 Midvale Terrace built and last sold?
The property at 280 Midvale Terrace was built in 1987 and last sold on Dec 13, 2013 for $104,300.
How much is this home worth?
The estimated value of the home located at 280 Midvale Terrace is $0.
What are some comparable homes to 280 Midvale Terrace?
There are currently no comparable homes to 280 Midvale Terrace.
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