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Brevard 32940 Suntree
418 Myrtlewood Road
Photo of 418 Myrtlewood Road
Sold on Nov 30, 2023

26

Map

Photo of 418 Myrtlewood Road
Photo of 418 Myrtlewood Road
$330,000
● House - Off Market

418 Myrtlewood Road

Melbourne, FL 32940
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,286 Ft²
$340,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome to your dream home in scenic Suntree! This 2-bed, 2-bath haven boasts an open floor plan flooded with natural light. 2023 HVAC, 2019 New Roof, kitchen is a modern delight, and the bedrooms offer private retreats. And the huge side yard on one of the biggest lots in this community is ideal for an outdoor oasis, with lots of room for a private pool! Enjoy the Florida weather in your outdoor space. Best schools in the area make it ideal for families. Don't miss this chance to own a piece of paradise!
Unit Size
1,286 Ft²
Days on Market
28 days
Land Size
0.21 acres
Price per sqft
$264
Property Type
House
Property Taxes
$182
HOA Dues
$20
Year Built
1981

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Cap Rate Calculator

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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: 2 months ago (Space Coast MLS #977112)

Price History

Date / Event Date Event Price
Dec 1, 2023 Sold
Premium
Sold
Oct 6, 2023 Listed by Britton Group, Inc. $340,000
Listed by Britton Group, Inc.
Jan 22, 2019 Sold
Premium
Sold
Oct 19, 2018 Listed by Britton Group, Inc. $222,000
Listed by Britton Group, Inc.
Dec 10, 2003 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2002
  • 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: 364
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 915
  • Total Building Area: 1,983
  • Gross Building Area: 1,983
  • Building Area: 1,286
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,286
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNTREE P.U.D. STAGE 10 TRACT 5
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SUNTREE P.U.D. STAGE 10 TRACT 5 LOT 1 BLK 8

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 063109

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 237
  • Account Number: 2602233
  • Subdivision Tract Number: 5
  • Parcel: 26-36-12-52-00008.0-0001.00
  • Block: 8
  • Lot: 1
  • Meridian: SEC 12 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2347
  • Longitude: -80.6859

    Address

  • Full Address: 418 Myrtlewood Rd
  • Address - House Number: 418
  • Address - Street Name: Myrtlewood
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R077
  • 4-Digit Zip Code: 7764
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 1,703
  • Tax Year: 2022
  • Tax Amount: $218,631
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.0843
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 331,237
  • High Value: 359,192
  • Low Value: 303,282

    Market Valuation

  • Market Total Value: $240,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $181,750

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 252558
  • Previous Sale Recording Date: Jan 22, 2019
  • Previous Sale Contract Date: Jan 17, 2019
  • Previous Sale Amount: $200,000
  • 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 Suntree

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1632 ft²

Average Home Age

44.3 years

Currently For Sale

16 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 2760 Bosque Circle, FL, 32940

$2,225 /mo

  • 3 Beds
  • 2 Baths
  • 1,305 ft²
2760 Bosque Circle #307, FL, 32940 Listing by Lisa Springer
Unit for rent at 7667 N Wickham Road, Melbourne, FL, 32940

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,256 ft²
7667 N Wickham Road #1308, Melbourne, FL, 32940 Listing by Amanda Grace Miller

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Jim Reynolds, Britton Group, Inc.
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 977112
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 418 Myrtlewood Road built and last sold?
The property at 418 Myrtlewood Road was built in 1981 and last sold on Nov 30, 2023 for $330,000.
How much is this home worth?
The estimated value of the home located at 418 Myrtlewood Road is $0.
What are some comparable homes to 418 Myrtlewood Road?
There are currently no comparable homes to 418 Myrtlewood Road.
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