$120,000
●
Condo -
Off Market
3501 D'Avinci Way #2011
Melbourne, FL 32901
2 Beds
2 Baths
926 Ft²
$176,636
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
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.
Unit Size
926 Ft²
Days on Market
36 days
Land Size
0.06 acres
Price per sqft
$135
Property Type
Condo
Property Taxes
$115
HOA Dues
$127
Year Built
-
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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 #873270)
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 | |||
| Sep 20, 2012 | Sold | ||
| Sold | |||
| May 2, 2012 | Listed by Coldwell Banker Residential RE | $59,900 | |
| Listed by Coldwell Banker Residential RE | |||
| | |||
|
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.
| |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s)
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Flooring Type: Carpet, Laminate, Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Rooms: 4
Exterior Details
Has Property Attached
Square Footage: 926
Year Built: 2006
Building Area Total: 926
Levels: Two
Construction Materials: Frame, Stucco, Wood Siding
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Lot Size Square Feet: 2614
Financial Details
Tax Annual Amount: $1,378
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Trash
HOA/Condo/Coop Amenities: Barbecue, Clubhouse, Fitness Center, Maintenance Grounds, Maintenance Structure, Management, Park, Pool, Tennis Court(s)
HOA Fee: $127
HOA 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: Martha Melendez, Engel & Voelkers Melb. Central
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 873270
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# 873270
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