20
Map
$243,000
●
House -
Off Market
405 Par Avenue
Melbourne, FL 32901
4 Beds
3 Baths
2,084 Ft²
$398,110
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
Spacious 4 bedroom 3 bath, completely remodeled and immaculately
kept! TURN-KEY! Located in desirable Golf Club Estates...
This home is move in ready or perfect to use as a rental
investment! Two story home offering the Master-bedroom on the first
floor and a PRIVATE mother-in-law suite downstairs. Mother in
law suite includes a kitchenette plus a private outside entrance!!
The possibilities with this property are endless!
Renovations include gourmet kitchen offering granite countertops and stainless steel appliances. New flooring throughout plus completely remodeled bathrooms! Family room features a wood burning fireplace plus french doors opening to a spacious exterior wooden deck designed for entertaining.
Renovations include gourmet kitchen offering granite countertops and stainless steel appliances. New flooring throughout plus completely remodeled bathrooms! Family room features a wood burning fireplace plus french doors opening to a spacious exterior wooden deck designed for entertaining.
Unit Size
2,084 Ft²
Days on Market
105 days
Land Size
0.20 acres
Price per sqft
$120
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1957
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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: 6 months ago (Space Coast MLS #786370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $249,999 | |
| Listed | |||
| | |||
|
CALL/TEXT MEILI FOR SHOWING 321-848-7344FB/MeiliVieraRealtorSpacious 4 bedroom 3 bath, completely remodeled and immaculately kept! TURN-KEY! Located in desirable Golf Club Estates... This home is move in ready or perfect to use as a rental investment! Two story home offering the Master-bedroom on the first floor and a PRIVATE mother-in-law suite downstairs. Mother in law suite includes a kitchenette plus a private outside entrance!! The possibilities with this property are endless! Renovations include gourmet kitchen offering granite countertops and stainless steel appliances. New flooring throughout plus completely remodeled bathrooms! Family room features a wood burning fireplace plus french doors opening to a spacious exterior wooden deck designed for entertaining.The manager has listed the unit size as 2084 square feet.
| |||
| Jun 16, 2017 | Listed by Waterman Real Estate, Inc. | $249,999 | |
| Listed by Waterman Real Estate, Inc. | |||
| Apr 17, 2017 | Sold | ||
| Sold | |||
| Dec 2, 2016 | Listed by Waterman Real Estate, Inc. | $232,500 | |
| Listed by Waterman Real Estate, Inc. | |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
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ft²
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About Golf Club Estates
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Listed by: Meili Viera, Waterman Real Estate, Inc.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 786370
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: 6 months ago
Data Source: Space Coast MLS, MLS# 786370
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