16
Map
$212,000
●
House -
In Contract
3973 Bayberry Drive
Melbourne, FL 32901
2 Beds
2 Baths
1,102 Ft²
$1,584
Est. Monthly
$204
HOA / Fees
About This Property
Welcome to this 2-bedroom, 2-bathroom gem tucked away in the quiet,
tree-lined streets of Melbourne's established Bayberry Estates.
Built in 1989 & perfectly sized at 1,102 sq. ft., this home strikes
the ideal balance between cozy charm & contemporary style. As you
step inside, you're greeted by vaulted ceilings that immediately
amplify the sense of space & flood the main living area w/natural
light. The heart of the home is the updated kitchen, featuring
crisp white shaker cabinetry, elegant granite countertops, & a
layout designed for both easy weeknight dinners & weekend
entertaining. The primary suite offers a private retreat, & the
guest bedroom is perfect for a home office or visitors. The
versatile enclosed patio provides a seamless extension of your
living space ideal for a morning coffee spot, or an entertainment
zone. Whether you're a first-time buyer, looking to downsize, or
seeking a solid investment, this home is waiting for you!
Unit Size
1,102 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$192
Property Type
House
Property Taxes
$339
HOA Dues
$204
Year Built
1989
Listed By
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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 days ago (Space Coast MLS #1086854)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Price Decreased |
$212,000
↓ $8K
(3.6%) | |
| Price Decreased | |||
| Sep 4, 2026 | Listed by Waterman Real Estate, Inc. | $219,900 | |
| Listed by Waterman Real Estate, Inc. | |||
| Aug 28, 2026 | Price Decreased |
$219,900
↓ $30K
(12%) | |
| Price Decreased | |||
| Jul 2, 2026 | Listed by Waterman Real Estate, Inc. | $249,900 | |
| Listed by Waterman Real Estate, Inc. | |||
   | |||
|
Welcome to this beautiful 2-bedroom, 2-bathroom gem nestled within the quiet, tree-lined streets of Melbourne's established Bayberry Estates. Built in 1989 and perfectly sized at 1,102 sq. ft., this home strikes the ideal balance between cozy charm and contemporary style. Step inside to discover vaulted ceilings that amplify the sense of space and fill the main living area with natural light. The updated kitchen serves as the heart of the home, showcasing crisp white Shaker cabinetry, elegant granite countertops, and a layout designed for effortless weeknight dinners or weekend entertaining.The primary suite offers a private retreat, while the guest bedroom provides flexibility for a home office or visiting guests. A versatile enclosed patio extends your living space -- perfect for morning coffee, quiet reading, or evening gatherings. Whether you're a first-time buyer, looking to downsize, or seeking a solid investment, this Bayberry Estates residence delivers all your wishes!
| |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built-in Features, Open Floorplan, Walk-In Closet(s)
Appliances: Other
Flooring Type: Laminate, Tile
Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
Exterior Details
Square Footage: 1102
Square Footage Source: $0
Year Built: 1989
Levels: One
Window Features: Skylight(s)
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Porch, Rear Porch, Screened
Lot Features: Other
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4792
Water Source: Public
Financial Details
Tax Annual Amount: $4,064
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool
HOA Fee: $204
HOA Fee Frequency: Semi-Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
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HOA + Taxes
About Bayberry Estates
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Listed by: Shirley Weems, Waterman Real Estate, Inc.
Last Updated: 5 days ago
Data Source: Space Coast MLS, MLS# 1086854
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 days ago
Data Source: Space Coast MLS, MLS# 1086854
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