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Viera West 32940 Cortona
3008 Cortona Drive
$500,000
● House - Off Market

3008 Cortona Drive

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,687 Ft²
$850,084
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Extremely well cared for 3 bedroom (Can easily be converted into a 4 bedroom (plus an office) by adding a wall in the room that's 23 ' by 11 ' / 2.5 bath / 2 car garage home in very desirable West Viera Area (Cortona Subdivision). Upgraded throughout including: Tile and wood flooring / Custom built in cabinetry / upgrade stainless steel appliances (gas stove) / granite countertops throughout /Custom built in master closet built-ins / Custom window treatments including Plantation Shutters  / Tankless hot water heater / Screened in pool and hot tub (gas heat and solar panels) w/ lake view / oversized porch (plumbed for gas grill) and so much more! A must see home within walking distance to schools.
Unit Size
2,687 Ft²
Days on Market
37 days
Land Size
0.31 acres
Price per sqft
$197
Property Type
House
Property Taxes
$222
HOA Dues
$355
Year Built
2013

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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 #784271)

Price History

Date / Event Date Event Price
Jul 5, 2017 Sold
Premium
Sold
May 23, 2017 Listed by CENTURY 21 Baytree Realty $529,500
Listed by CENTURY 21 Baytree Realty
Jun 25, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 459
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 910
  • Total Building Area: 3,525
  • Gross Building Area: 3,525
  • Building Area: 2,687
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,687
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORTONA SUBDIVISION
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CORTONA SUBDIVISION LOT 6 BLK B

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 56 PG 83
  • Account Number: 2631010
  • Parcel: 26-36-05-01-0000B.0-0006.00
  • Block: B
  • Lot: 6
  • Meridian: SEC 05 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2509
  • Longitude: -80.743

    Address

  • Full Address: 3008 Cortona Dr
  • Address - House Number: 3008
  • Address - Street Name: Cortona
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: H008
  • 4-Digit Zip Code: 8609
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 3,057
  • Tax Year: 2022
  • Tax Amount: $556,559
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 833,789
  • High Value: 994,519
  • Low Value: 673,058

    Market Valuation

  • Market Total Value: $635,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $448,330

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2017
  • Current Sale Recording Date: Jul 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017140619
  • Previous Sale Recording Date: Jun 25, 2013
  • Previous Sale Contract Date: Jun 23, 2013
  • Previous Sale Amount: $339,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Cortona

Stats & Trends

Median Asking:

$862,500

Sale Price/ft²

$289

Above Asking

0.00%

Average Days on Market

22

Average Home Size

2970 ft²

Average Home Age

12.5 years

Currently For Sale

0 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 1785 Curlew Court, Rockledge, FL, 32955

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,890 ft²
1785 Curlew Court, Rockledge, FL, 32955 Listing by Jennifer Peters
Unit for rent at 2547 Deercroft Drive, Melbourne, FL, 32940

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,902 ft²
2547 Deercroft Drive, Melbourne, FL, 32940 Listing by Jed P. Matricaria

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Jason J Bucci, CENTURY 21 Baytree Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 784271
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 3008 Cortona Drive built and last sold?
The property at 3008 Cortona Drive was built in 2013 and last sold on Jun 29, 2017 for $500,000.
How much is this home worth?
The estimated value of the home located at 3008 Cortona Drive is $0.
What are some comparable homes to 3008 Cortona Drive?
There are currently no comparable homes to 3008 Cortona Drive.
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