53
Map
$299,000
●
House -
Off Market
3514 Egret Drive
Melbourne, FL 32901
3 Beds
2 Baths
1,383 Ft²
$253,426
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
OFFER ACCEPTED, Centrally located Feather Lakes of Melbourne.
Minutes to shopping, restaurants & parks. This home offers a 2019
metal roof and 2020 Air Conditioning unit. 2012 hurricane rated
front door and garage door. Exterior was freshly painted in 2019.
Inside the home has a fantastic split floorplan, inside laundry
with living/dining room, family/eat-in kitchen. Cathedral ceilings.
The master has a walk-in closet and private bathroom. There is a
large screened porch for entertaining, fenced yard, sprinkler
system and shed with electric. Love fresh fruit? In the yard you
will find, Lemon, mango, 2 sweet orange, sour orange, olive and
even pineapple.
Unit Size
1,383 Ft²
Days on Market
21 days
Land Size
0.18 acres
Price per sqft
$181
Property Type
House
Property Taxes
$52
HOA Dues
$6
Year Built
1991
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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: 5 months ago (Space Coast MLS #929098)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by NextHome Space Coast Experts | $300,000 | |
| Listed by NextHome Space Coast Experts | |||
| | |||
|
Welcome to this beautifully maintained home in Feather Lakes of Melbourne, where comfort meets privacy and smart updates offer peace of mind. Wood laminate flooring flows throughout-no carpet anywhere-creating a clean, modern feel. The bright kitchen is a standout, featuring a skylight that fills the space with natural light, quartz countertops, white cabinetry, tile backsplash, stainless steel appliances, and a pantry for added storage. The family room includes a cozy breakfast nook and opens through French doors to a tiled, screened lanai-perfect for relaxing or entertaining while overlooking a fully fenced backyard. A drainage canal behind the property provides an added buffer, offering exceptional privacy. The backyard also includes a shed with electricity, ideal for a workshop or extra storage. All bedrooms are equipped with ceiling fans, and the owner's suite features a walk-in closet. Major updates include a 2019 metal roof, 2020 HVAC system, and updated plumbing in 2022.
| |||
| Apr 8, 2022 | Sold | ||
| Sold | |||
| Mar 10, 2022 | Listed by RE/MAX Aerospace Realty | $250,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Feather Lakes
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Listed by: Jennifer J Coley, RE/MAX Aerospace Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 929098
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: 5 months ago
Data Source: Space Coast MLS, MLS# 929098
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