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Palm Bay 32908 Port Malabar
401 SW Whealan
$48,000
● House - Off Market

401 SW Whealan

Palm Bay, FL 32908
bedrooms
5 Beds
bathrooms
2 Baths
$95,328
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

INVESTORS!!! BUYER WALKED approval close!!...Central H&AC not working;needs total replacement. All window a/c units can stay if buyer wants.Seller states they actually cool well & are leass costly than central ac. Garage was converted into 2 add''l bedrms,making the total of 5, a laundry room and a storage area (approx 20x7). Exterior of the house is cedar and needs to be cleaned & restained. The vacant land to the west is not buildable, giving nice view of wooded area.2 sheds stay.(see discl.)
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$59
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: 3 years ago (Space Coast MLS #645251)

Price History

Date / Event Date Event Price
Oct 15, 2021 Sold
Premium
Sold
May 20, 2013 Sold
Premium
Sold
Jul 16, 2012 Listed by Dreyer & Associates R.E. Grp. $48,000
Listed by Dreyer & Associates R.E. Grp.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 17
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,984
  • Gross Building Area: 1,984
  • Building Area: 1,759
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,759
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT MALABAR UNIT 19
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PORT MALABAR UNIT 19 LOT 1 BLK 1084

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071347

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: 387
  • Account Number: 2900832
  • Parcel: 29-36-01-25-01084.0-0001.00
  • Block: 1084
  • Lot: 1
  • Meridian: SEC 01 TWN 29S RNG 36E
  • Municipality: PALM BAY
  • Latitude: 27.9894
  • Longitude: -80.6815

    Address

  • Full Address: 401 Whealan St Sw
  • Legal Unit: 19
  • Address - House Number: 401
  • Street Segment Direction: SW
  • Address - Street Name: Whealan
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palm Bay
  • Carrier Code: R054
  • 4-Digit Zip Code: 3458
  • Zip Code: 32908

Valuation

    Tax

  • Total Area: 1,852
  • Tax Year: 2022
  • Tax Amount: $304,959
  • Tax Rate Code Area: 54U0

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 312,996
  • High Value: 382,734
  • Low Value: 243,258

    Market Valuation

  • Market Total Value: $201,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $201,350

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021270904
  • Previous Sale Recording Date: May 20, 2013
  • Previous Sale Contract Date: May 16, 2013
  • Previous Sale Amount: $48,000
  • 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 Port Malabar

Stats & Trends

Median Asking:

$327,000

Sale Price/ft²

$192

Above Asking

0.41%

Average Days on Market

79

Average Home Size

1788 ft²

Average Home Age

16.3 years

Currently For Sale

1395 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

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SpaceCoast

Listed by: Doreen F Kharman-Wittig, Dreyer & Associates R.E. Grp.
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 645251
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 401 Whealan Street built and last sold?
The property at 401 Whealan Street was built in 1985 and last sold on Oct 13, 2021 for $233,000.
How much is this home worth?
The estimated value of the home located at 401 Whealan Street is $0.
What are some comparable homes to 401 Whealan Street?
There are currently no comparable homes to 401 Whealan Street.
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