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Viera West 32940 Heritage Isle
3427 Bancroft Drive
Photo of 3427 Bancroft Drive
Sold on Feb 3, 2014

16

Map

Photo of 3427 Bancroft Drive
Photo of 3427 Bancroft Drive
$320,000
● House - Off Market

3427 Bancroft Drive

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,165 Ft²
$653,373
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model

About This Property

''CONTINGENT'' WITH A 72 HOUR KICK OUT CLAUSE. What An Incredible Opportunity! This Bergoon Bereger home is stunning with over $60,000 of upgrades, and that does not include the beautiful pool. The spacious 3/2/2 pool home overlooks a lake with expansive views to the south from the covered lanai. The home is tiled throughout the public areas laid on a diagonal with carpeting in the bedrooms. The kitchen is a cooks delight with S/S appliances & beautiful 42' cabinets. The master has a bay window sitting area that also affords a view of the pool area and lake. The home has been recently painted and is a turn key opportunity for you to enjoy the Heritage Isle lifestyle.
Unit Size
2,165 Ft²
Days on Market
117 days
Land Size
0.18 acres
Price per sqft
$157
Property Type
House
Property Taxes
$363
HOA Dues
$866
Year Built
2010

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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: 4 months ago (Space Coast MLS #679867)

Price History

Date / Event Date Event Price
Feb 6, 2014 Sold
Premium
Sold
Oct 9, 2013 Listed by Indian River Realty $339,000
Listed by Indian River Realty
Nov 24, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 3
  • 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: 470
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Frontage Feet: 470
  • Total Building Area: 2,957
  • Gross Building Area: 2,957
  • Building Area: 2,165
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,165
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE ISLE P.U.D. PHASE 4
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: HERITAGE ISLE P.U.D. PHASE 4 LOT 5 BLK E

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 54 PG 36
  • Account Number: 2628817
  • Subdivision Phase Number: 4
  • Parcel: 26-36-08-52-0000E.0-0005.00
  • Block: E
  • Lot: 5
  • Meridian: SEC 08 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2305
  • Longitude: -80.751

    Address

  • Full Address: 3427 Bancroft Dr
  • Address - House Number: 3427
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R083
  • 4-Digit Zip Code: 5931
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,528
  • Tax Year: 2022
  • Tax Amount: $338,782
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 577,868
  • High Value: 689,264
  • Low Value: 466,472

    Market Valuation

  • Market Total Value: $418,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $221,020

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 06, 2014
  • Current Sale Recording Date: Feb 06, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014023819
  • Previous Sale Recording Date: Nov 24, 2009
  • Previous Sale Contract Date: Nov 20, 2009
  • Previous Sale Amount: $54,500
  • 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 Heritage Isle

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$218

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1797 ft²

Average Home Age

18.7 years

Currently For Sale

14 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 2490 Treasure Cay Lane, Melbourne, FL, 32940

$2,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,565 ft²
2490 Treasure Cay Lane, Melbourne, FL, 32940 Listing by Bryant Dorricott

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Wiley H Elliott, Indian River Realty
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 679867
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 3427 Bancroft Drive built and last sold?
The property at 3427 Bancroft Drive was built in 2010 and last sold on Feb 6, 2014 for $320,000.
How much is this home worth?
The estimated value of the home located at 3427 Bancroft Drive is $0.
What are some comparable homes to 3427 Bancroft Drive?
There are currently no comparable homes to 3427 Bancroft Drive.
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