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Grant-Valkaria 32949 Cypress Lake Estates
3940 Pepper Tree Street
$230,000
● House - Off Market

3940 Pepper Tree Street

Grant-Valkaria, FL 32949
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,567 Ft²
$420,555
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Immaculate Grant Home with Unique Design ,situated on 2.5 Acres.  A Great Room Concept , 2 Master Suites with a Split Plan. Great Rm and Florida Rm with Tongue and Groove Cedar Wood Ceilings.  Open Modern Kitchen with New Stainless Appliances, Cabinetry,and Granite Counter Tops. Large Laundry Under Air,with 3 Large Windows , Built In Cabinetry, and Double Sink. Each Master Suite has Full Bath, Walk in Closet, and Triple Sliding Glass Doors open into wall for Gorgeous View to Huge Florida Rm that leads out to Beautiful Pond with Dock and Center Island!  Entire Property is Gated and Fully Fenced with Mature Trees and Landscaping. Horses Welcome! Sweet Bungalow/Workshop 80% complete. See attachment for permitting. Tax records do not reflect actual sq ft. Intracoastal minutes away
Unit Size
1,567 Ft²
Days on Market
118 days
Land Size
2.50 acres
Price per sqft
$159
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1985

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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: 6 months ago (Space Coast MLS #753301)

Price History

Date / Event Date Event Price
Aug 29, 2016 Sold
Premium
Sold
Apr 29, 2016 Listed by Dale Sorensen Real Estate Inc. $249,000
Listed by Dale Sorensen Real Estate Inc.
Apr 24, 2015 Sold
Premium
Sold
Jul 11, 2014 Listed by Dale Sorensen Real Estate Inc. $199,900
Listed by Dale Sorensen Real Estate Inc.

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • 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: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 17
  • Porch Type: 59
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 108,900
  • Total Building Area: 1,997
  • Gross Building Area: 1,997
  • Building Area: 1,559
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,559
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS LAKE ESTATES UNIT 1
  • Land Acres: 0000002500
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CYPRESS LAKE ESTATES UNIT 1 LOT 5 BLK B

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065236

Geography

  • Assessors Map Reference: 466
  • Account Number: 3001634
  • Parcel: 30-38-05-MD-0000B.0-0005.00
  • Block: B
  • Lot: 5
  • Meridian: SEC 05 TWN 30S RNG 38E
  • Municipality: GRANT-VALKARIA
  • Latitude: 27.9007
  • Longitude: -80.5425

    Address

  • Full Address: 3940 Pepper Tree St
  • Legal Unit: 1
  • Address - House Number: 3940
  • Address - Street Name: Pepper Tree
  • Address - Suffix Type: St
  • State: FL
  • City Name: Grant
  • Carrier Code: R002
  • 4-Digit Zip Code: 5311
  • Zip Code: 32949

Valuation

    Tax

  • Total Area: 1,677
  • Tax Year: 2022
  • Tax Amount: $239,498
  • Tax Rate Code Area: 34L0

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 526,475
  • High Value: 618,816
  • Low Value: 434,134

    Market Valuation

  • Market Total Value: $360,740

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $170,910

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2016
  • Current Sale Recording Date: Aug 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016169288
  • Previous Sale Recording Date: Apr 24, 2015
  • Previous Sale Contract Date: Apr 09, 2015
  • Previous Sale Amount: $175,000
  • 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 Cypress Lake Estates

Stats & Trends

Median Asking:

$849,900

Sale Price/ft²

$340

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2371 ft²

Average Home Age

39.3 years

Currently For Sale

0 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 1112 Pocatella Drive, Barefoot Bay, FL, 32976

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,370 ft²
1112 Pocatella Drive, Barefoot Bay, FL, 32976 Listing by Kevin Douglas Emmons
Unit for rent at 621 Hyacinth Circle E, FL, 32976

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,324 ft²
621 Hyacinth Circle E, FL, 32976 Listing by Linda M Craig

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Katherine L Lee, Dale Sorensen Real Estate Inc.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 753301
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 3940 Pepper Tree Street built and last sold?
The property at 3940 Pepper Tree Street was built in 1985 and last sold on Aug 26, 2016 for $230,000.
How much is this home worth?
The estimated value of the home located at 3940 Pepper Tree Street is $0.
What are some comparable homes to 3940 Pepper Tree Street?
There are currently no comparable homes to 3940 Pepper Tree Street.
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