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Viera West 32940 Fairway Lakes at Viera
2992 Emeldi Lane
Photo of 2992 Emeldi Lane
Sold on Nov 18, 2013

30

Map

Photo of 2992 Emeldi Lane
Photo of 2992 Emeldi Lane
$625,000
● House - Off Market

2992 Emeldi Lane

Melbourne, FL 32940
bedrooms
5 Beds
bathrooms
5 Baths
square feet
4,049 Ft²
$1,226,842
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Prime West Viera location! Private backyard on over-sized corner lot with beautiful water and golf course views. The only Toll Brothers Ravello floor plan on the market! Better than new, this home has it all. 5 bedrooms, plus office, plus loft/bonus room, 3 car garage. Florida living at it's best. Built-in Summer Kitchen with granite countertops, screened pool,and super-sized hot tub with room for the entire family! Top-of-the line kitchen features granite counters, built-in double oven, center island, & stainless GE Monogram appliances. Crown molding, tray ceilings and lots of other architectural details throughout. Steps away from neighborhood play area.  Can't beat the price, location, or space.  Yes you really can have it all!
Unit Size
4,049 Ft²
Days on Market
41 days
Land Size
0.32 acres
Price per sqft
$155
Property Type
House
Property Taxes
$649
HOA Dues
$537
Year Built
2006

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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: 5 months ago (Space Coast MLS #679583)

Price History

Date / Event Date Event Price
Nov 26, 2013 Sold
Premium
Sold
Oct 7, 2013 Listed by Viera Realty, Inc. $629,000
Listed by Viera Realty, Inc.
Dec 23, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 2
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 791
  • Parking Space Count: 3
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Frontage Feet: 910
  • Total Building Area: 5,238
  • Gross Building Area: 5,238
  • Building Area: 4,049
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,049
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRWAY LAKES AT VIERA PHASE I
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: FAIRWAY LAKES AT VIERA PHASE I LOT 8 BLK A

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071201

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 53 PG 98
  • Account Number: 2628586
  • Subdivision Phase Number: I
  • Parcel: 26-36-08-UM-0000A.0-0008.00
  • Block: A
  • Lot: 8
  • Meridian: SEC 08 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2404
  • Longitude: -80.7392

    Address

  • Full Address: 2992 Emeldi Ln
  • Address - House Number: 2992
  • Address - Street Name: Emeldi
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R130
  • 4-Digit Zip Code: 8517
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 4,624
  • Tax Year: 2022
  • Tax Amount: $716,477
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,249,224
  • High Value: 1,463,378
  • Low Value: 1,035,070

    Market Valuation

  • Market Total Value: $817,590

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $584,820

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2013
  • Current Sale Recording Date: Nov 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013260062
  • Previous Sale Recording Date: Dec 23, 2008
  • Previous Sale Contract Date: Dec 18, 2008
  • Previous Sale Amount: $590,000
  • 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 Fairway Lakes at Viera

Stats & Trends

Median Asking:

$947,495

Sale Price/ft²

$339

Below Asking

0.03%

Average Days on Market

81

Average Home Size

3131 ft²

Average Home Age

19.5 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 8008 Dobre Way, Melbourne, FL, 32940

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,033 ft²
8008 Dobre Way, Melbourne, FL, 32940 Listing by Nicole D Grammer
Unit for rent at 8870 Napolo Drive, Melbourne, FL, 32940

$3,300 /mo

  • 3 Beds
  • 3 Baths
  • 2,044 ft²
8870 Napolo Drive, Melbourne, FL, 32940 Listing by Petra Appling

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Amy M Kalman, Viera Realty, Inc.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 679583
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 2992 Emeldi Lane built and last sold?
The property at 2992 Emeldi Lane was built in 2006 and last sold on Nov 18, 2013 for $625,000.
How much is this home worth?
The estimated value of the home located at 2992 Emeldi Lane is $636,244.
What are some comparable homes to 2992 Emeldi Lane?
There are currently no comparable homes to 2992 Emeldi Lane.
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