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Viera West 32940
2851 Treasure Cay Lane
$364,900
● House - Off Market

2851 Treasure Cay Lane

Melbourne, FL 32940
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,750 Ft²
$434,027
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Stunning Lakefront 2 bedroom 2 full bath PLUS flex space to be your den/office/Dining room. Master en suite with lots of light, beautiful zero entry Roman style shower, oversized tile, inlay decorative trim, frameless glass, granite counters with dbl sinks, linen closet, huge walk in master closet. kitchen, Stainless Steel appliances, expansive granite counters, modern faucet, double sinks, great pantry space, beautiful pendent lights over breakfast bar, dining area, All Impact Glass windows. Crown Molding in all Living Areas & Master. Tile in all living areas.  Triple Living room sliders open into the new EXTENDED 12' screened lanai overlooking the lake. Laundry room has extensive cabinetry, storage closet & laundry sink. All in this sought after 55+ community with resort style amenities. amenities.
Unit Size
1,750 Ft²
Days on Market
48 days
Land Size
0.15 acres
Price per sqft
$209
Property Type
House
Property Taxes
$193
HOA Dues
$139
Year Built
2018

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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: 6 months ago (Space Coast MLS #900564)

Price History

Date / Event Date Event Price
May 13, 2021 Sold
Premium
Sold
Mar 26, 2021 Listed by Harrell Real Estate $364,900
Listed by Harrell Real Estate

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 4
  • 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: 394
  • Parking Space Count: 0
  • Patio Type: 17
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,419
  • Gross Building Area: 2,419
  • Building Area: 1,750
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,750
  • 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: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • Legal Description 1: BRIDGEWATER NORTH AT VIERA LOT 5 BLK F

Neighborhood

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

Geography

  • Assessors Map Reference: MB 63 PG 20
  • Account Number: 3014850
  • Parcel: 26-36-21-75-0000F.0-0005.00
  • Block: F
  • Lot: 5
  • Meridian: SEC 21 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2077
  • Longitude: -80.7334

    Address

  • Full Address: 2851 Treasure Cay Ln
  • Address - House Number: 2851
  • Address - Street Name: Treasure Cay
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R130
  • 4-Digit Zip Code: 7943
  • Zip Code: 32940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $449,712
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 478,751
  • High Value: 571,101
  • Low Value: 386,402

    Market Valuation

  • Market Total Value: $321,360

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $321,360

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021124050
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:

$549,000

Sale Price/ft²

$262

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2274 ft²

Average Home Age

11.4 years

Currently For Sale

121 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 1391 Hampton Park Lane, Melbourne, FL, 32940

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,110 ft²
1391 Hampton Park Lane, Melbourne, FL, 32940 Listing by Rebecca Webb

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Maureen G Harrell, Harrell Real Estate
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 900564
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 2851 Treasure Cay Lane built and last sold?
The property at 2851 Treasure Cay Lane was built in 2018 and last sold on May 12, 2021 for $364,900.
How much is this home worth?
The estimated value of the home located at 2851 Treasure Cay Lane is $0.
What are some comparable homes to 2851 Treasure Cay Lane?
There are currently no comparable homes to 2851 Treasure Cay Lane.
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