46
Map
$352,500
●
House -
Off Market
3106 Alabama Drive
Melbourne, FL 32901
4 Beds
3 Baths
1,952 Ft²
$451,604
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
HONEY, STOP THE CAR! Beautiful 4 bedroom/3 bath that will feel like
home as soon as you step foot in the door. Featuring a split plan,
two master suites, and an open concept, this home is PERFECT for
entertaining. The kitchen is a must see: updated with classic
cabinets, granite countertops and stainless steel appliances (new
refrigerator and dishwasher 2021). Stunning tile flooring
throughout living areas and master suite.
Custom California closets in all bedrooms and laundry room. With one of the largest lots in the neighborhood, the back yard is majestic! Concrete curbing around the front, side, and back yards with established plantings in all garden beds. New concrete slab on the side of the house! Walking distance to FIT, biking distance to Downtown Melbourne and <15 min to the bea bea
Custom California closets in all bedrooms and laundry room. With one of the largest lots in the neighborhood, the back yard is majestic! Concrete curbing around the front, side, and back yards with established plantings in all garden beds. New concrete slab on the side of the house! Walking distance to FIT, biking distance to Downtown Melbourne and <15 min to the bea bea
Unit Size
1,952 Ft²
Days on Market
53 days
Land Size
0.26 acres
Price per sqft
$207
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1976
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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 months ago (Space Coast MLS #916944)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Oct 11, 2021 | Listed by SUNCOAST REAL ESTATE GROUP | $405,000 | |
| Listed by SUNCOAST REAL ESTATE GROUP | |||
| | |||
|
HONEY, STOP THE CAR! Beautiful 4 bedroom/3 bath that will feel like home as soon as you step foot in the door. Featuring a split plan, two master suites, and an open concept, this home is PERFECT for entertaining. The kitchen is a must see: updated with classic cabinets, granite countertops and stainless steel appliances (new refrigerator and dishwasher 2021). Stunning tile flooring throughout living areas and master suite. Custom California closets in all bedrooms and laundry room. With one of the largest lots in the neighborhood, the back yard is majestic! Concrete curbing around the front, side, and back yards with thoughtfully selected and now established plantings in all garden beds. New concrete slab on the side of the house! Roof and AC 2017. Close to shopping, food, and entertainment. Walking distance to FIT, biking distance to Downtown Melbourne and less than 15-min drive to the beach! Don't wait, call today! Room Feature: Linen Closet In Bath (Primary Bedroom 2).
| |||
| Sep 27, 2021 | Listed by SunCoast Real Estate Group | $405,000 | |
| Listed by SunCoast Real Estate Group | |||
| Aug 1, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $239,900 | |
| Listed | |||
| | |||
|
***Instantly save $5,000 by contacting the owner directly! 609-240-6679***Wow this house is beautifully remodeled! Tile and hardwood floors, stunning brand new kitchen with complete with upgraded appliances, breakfast bar, granite counter tops and under cabinet lights. Open spacious living floor plan with double master bedrooms with double vanities, and walk in closets! This home has all the upgrades including its brand new A/C and roof. This is a rare find in a great neighborhood.The manager has listed the unit size as 1956 square feet.
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Listed by: Tamar Tammy Miller, SunCoast Real Estate Group
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 916944
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.
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 916944
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