49
Map
$324,900
●
House -
Off Market
3291 Merrick Avenue
Rockledge, FL 32955
3 Beds
2 Baths
2,035 Ft²
$421,906
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Fantastic 3 bedroom 2 bath lakefront home in desirable Rockledge
subdivision of Phillips Landing! This split bedroom property offers
plenty of living space with 2,000 sqft under air, including formal
living, dining, and family rooms. Upgrades include a brand new
roof, luxury vinyl flooring in entryway, dining area and kitchen;
vaulted ceilings, large laundry room including washer and dryer,
pavered front entry and driveway with extended 2-car garage. The
updated kitchen boasts granite counters, breakfast bar, subway
tiled backsplash, stainless appliances, double door pantry and
direct lake views. Master suite offers his / hers walk-in closets,
double sink vanity, and garden tub with separate tiled shower.
Watch rockets launch from your fenced back yard or community pool
and play ground!
Unit Size
2,035 Ft²
Days on Market
35 days
Land Size
0.17 acres
Price per sqft
$160
Property Type
House
Property Taxes
$224
HOA Dues
$50
Year Built
2005
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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: 3 months ago (Space Coast MLS #892579)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2021 | Sold | ||
| Sold | |||
| Dec 17, 2020 | Listed by EXP Realty, LLC | $324,900 | |
| Listed by EXP Realty, LLC | |||
| Jul 30, 2017 | Listed | $299,900 | |
| Listed | |||
| | |||
|
Fantastic three bedroom two bath, lakefront home in desirable Phillips Landing subdivision. This concrete block, split floor plan home, was built in 2005 and features updated kitchen with matching stainless Whirlpool appliances, granite counters, breakfast bar, refinished cabinets, and white subway tiled back-splash! The large master suite offers his/hers walk-in closets, double sink vanity, separate garden tub and tiled shower. Plenty of entertaining space with family, dining and living areas;vaulted ceilings, newer wood vinyl flooring in high traffic areas, indoor laundry room, and pavered drive and entryways. Enjoy direct lake views and Florida's weather on the back patio, or take a swim in the community pool. Very clean and tastefully updated, you do not want to miss out on this one! Call listing agent, Jason Wood with RE/MAX Aerospace Realty at 321-698-5151 with any questions or to schedule a private showing.The manager has listed the unit size as 2035 square feet.
| |||
| May 27, 2015 | Sold | ||
| Sold | |||
| Sep 18, 2014 | Listed by EXP Realty, LLC | $197,000 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
Garage
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Phillips Landing
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Listed by: Jason Wood, EXP Realty, LLC
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 892579
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: 3 months ago
Data Source: Space Coast MLS, MLS# 892579
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