$59,900
●
Condo -
Off Market
3501 D'avinci Way #2011
Melbourne, FL 32901
2 Beds
2 Baths
$129,257
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model
About This Property
SHORT SALE!! Nice condo located near F.I.T. Close to Beaches and
Shopping.Great buy for Investors.Complex has Pool,Clubhouse,Tennis
Courts,and Fitness Center.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$73
HOA Dues
$195
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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 years ago (Space Coast MLS #639807)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2020 | Sold | ||
| Sold | |||
| Apr 9, 2020 | Listed by Engel & Voelkers Melb. Central | $124,982 | |
| Listed by Engel & Voelkers Melb. Central | |||
   | |||
|
Imagine living close to where you work, study or play? The recently updated kitchen, offers granite counter tops and stainless steel appliances. This condo is located in a resort style complex, perfectly located close to Florida Institute of Technology, Northrop Grumman, L3 Harris, and Historic Downtown Melbourne.
| |||
| Sep 20, 2012 | Sold | ||
| Sold | |||
| May 2, 2012 | Listed by Coldwell Banker Residential RE | $59,900 | |
| Listed by Coldwell Banker Residential RE | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Public Records
Exterior Details
Year Built: 2006
Roof: Shingle
Construction Materials: Block, Concrete, Stucco
Outdoor Living Structures: Porch, Screened
Pool Features: Community, In Ground
Financial Details
Tax Year: 2011
Tax Annual Amount: $874
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Utilities: Cable Available, Water Available
Location Details
Association Fee Includes: Pest Control, Trash
Association Amenities: Car Wash Area, Clubhouse, Fitness Center, Maintenance Grounds, Management - Full Time, Tennis Court(s)
Association Fee: $195
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/24/2024
|
3 Bed
|
2 Bath
|
1087 ft²
|
$239,900
3 Bed
2 Bath
1087 ft²
|
$153,000
-36.22%
05/06/2025
|
Heith Mohler
Your Home Sold Guaranteed Realty
| |
|
09/01/2023
|
2 Bed
|
2 Bath
|
-
|
$215,000
2 Bed
2 Bath
|
$205,000
-4.65%
10/26/2023
|
Beatrice Solloway
EXP Realty LLC
| |
|
09/17/2021
|
2 Bed
|
2 Bath
|
-
|
$145,000
2 Bed
2 Bath
|
$135,000
-6.90%
10/07/2021
|
Elena Manfredi
RE/MAX Elite
| |
|
09/30/2020
|
3 Bed
|
2 Bath
|
-
|
$138,000
3 Bed
2 Bath
|
$138,000
10/23/2020
|
Elena Manfredi
RE/MAX Elite
| |
|
04/14/2020
| |
2 Bed
|
2 Bath
|
926 ft²
|
$124,982
2 Bed
2 Bath
926 ft²
|
-
-
|
Marcie Bolt
Engel & Volkers Melbourne Central
|
|
04/09/2020
|
2 Bed
|
2 Bath
|
-
|
$124,982
2 Bed
2 Bath
|
$120,000
-3.99%
05/20/2020
|
Stephen Stark
Treasure Coast Sotheby's Intl
| |
|
05/02/2012
|
2 Bed
|
2 Bath
|
-
|
$59,900
2 Bed
2 Bath
|
$59,900
09/20/2012
|
Ronald Bishop
Norris Bishop Realty LLC
| |
|
12/16/2011
|
2 Bed
|
2 Bath
|
-
|
$59,999
2 Bed
2 Bath
|
$56,500
-5.83%
04/24/2012
|
Kelly Palace
Mark Palace Properties
|
Building Info
About Melbourne
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Listed by: Ronald Bishop, Coldwell Banker Residential RE
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 639807
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 years ago
Data Source: Space Coast MLS, MLS# 639807
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