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Melbourne 32901 Bayberry Estates
4030 Marlberry Lane
$265,000
● House - Off Market

4030 Marlberry Lane

Melbourne, FL 32901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,044 Ft²
$265,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

3b/2b house in nice neighborhood has lots of potential. Kitchen overlooks living/dining rooms, which lead to long, enclosed back porch - providing multiple options for personal enjoyment or entertaining.  Owner suite also overlooks back porch and includes walk-in closet, ceiling fan and shower. 2 spare bedrooms and 2nd bath offer ample closet space, shower & tub. 2-car garage has direct house access. Community amenities include pool and tennis court.
Unit Size
1,044 Ft²
Days on Market
57 days
Land Size
0.09 acres
Price per sqft
$254
Property Type
House
Property Taxes
$255
HOA Dues
$170
Year Built
1989

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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 #976805)

Price History

Date / Event Date Event Price
Dec 8, 2023 Sold
Premium
Sold
Oct 4, 2023 Listed by RE/MAX Elite $265,000
Listed by RE/MAX Elite

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 1
  • Garage Square Area: 514
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,590
  • Gross Building Area: 1,590
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYBERRY ESTATES UNIT 1
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: BAYBERRY ESTATES UNIT 1 LOT 91 EXC N 10 FT

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065126

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 342
  • Account Number: 2828183
  • Parcel: 28-37-16-50-00000.0-0091.00
  • Lot: 91
  • Meridian: SEC 16 TWN 28S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.0494
  • Longitude: -80.6311

    Address

  • Full Address: 4030 Marlberry Ln
  • Legal Unit: 1
  • Address - House Number: 4030
  • Address - Street Name: Marlberry
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C030
  • 4-Digit Zip Code: 8416
  • Zip Code: 32901

Valuation

    Tax

  • Total Area: 1,363
  • Tax Year: 2022
  • Tax Amount: $306,138
  • Tax Rate Code Area: 34K0

    Appraisal Valuation

  • Standard Deviation: 0.0843
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 257,640
  • High Value: 279,384
  • Low Value: 235,897

    Market Valuation

  • Market Total Value: $197,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,610

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Dec 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 257472
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 Bayberry Estates

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1126 ft²

Average Home Age

36.7 years

Currently For Sale

6 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 1487 Attilburgh Boulevard, West Melbourne, FL, 32904

$2,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,914 ft²
1487 Attilburgh Boulevard, West Melbourne, FL, 32904 Listing by Brianne Marie Heath PA
Unit for rent at 1211 E New Haven Avenue, Melbourne, FL, 32901

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,172 ft²
1211 E New Haven Avenue #402, Melbourne, FL, 32901 Listing by Gail Fischer

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: David Cable, RE/MAX Elite
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 976805
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 4030 Marlberry Lane built and last sold?
The property at 4030 Marlberry Lane was built in 1989 and last sold on Nov 28, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 4030 Marlberry Lane is $0.
What are some comparable homes to 4030 Marlberry Lane?
There are currently no comparable homes to 4030 Marlberry Lane.
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