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Grant-Valkaria 32950
4180 Bobbie Lane
Photo of 4180 Bobbie Lane
Sold on Jun 1, 2022

1

Map

$245,000
● Land - Off Market

4180 Bobbie Lane

Malabar, FL 32950
bedrooms
Studio
bathrooms
0 Bath
$268,072
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

BRING YOUR VISION & INSPIRATION TO THIS BEAUTIFUL PROPERTY FILLED WITH LARGE OAK TREES ON A PAVED ROAD! THIS PARTLY CLEARED 2.41-ACRE SPREAD HAS PLENTY OF ROOM FOR EVERYTHING, INCLUDING HORSES! A POND ON THE PROPERTY IS FED BY AN ARTESIAN WELL AND HAS A SMALL DOCK.  THERE'S ALSO A  FIXER-UPPER POLE BARN THAT COULD BE USED AS UNDER-COVER STORAGE. THE PROPERTY STRETCHES FROM BOBBIE LANE TO COREY ROAD, AND HAS ACCESS ON BOTH SIDES.  THE INDIAN RIVER IS CLOSE BY, AND THE MALABAR ROAD CORRIDOR IS 7-MINUTES UP THE STREET, PRESENTING LOADS OF SHOPPING AND DINING OPTIONS, ALONG WITH ACCESS TO I-95. THE NEW 1-95 SOUTH INTERCHANGE IS A SHORT 9-MINUTE DRIVE. THIS SITE UTILIZES WELL WATER AND SEPTIC, AND IS ZONED AGRICULTURAL.
Unit Size
-
Days on Market
272 days
Land Size
2.41 acres
Price per sqft
-
Property Type
Land
Property Taxes
$82
HOA Dues
-
Year Built
1998

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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: 5 months ago (Space Coast MLS #914743)

Price History

Date / Event Date Event Price
Jun 6, 2022 Sold
Premium
Sold
Sep 1, 2021 Listed by Cheryl Smith Realty, Inc $265,000
Listed by Cheryl Smith Realty, Inc
Feb 4, 2020 Sold
Premium
Sold
Jan 10, 2020 Listed by Cheryl Smith Realty, Inc $150,000
Listed by Cheryl Smith Realty, Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 104,980
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELBOURNE POULTRY COLONY
  • Land Acres: 0000002410
  • Standard Land Use Code: 1000
  • County Land Use Code: 0132
  • State Land Use Code: 001
  • Legal Description 1: N 1/2 OF S 1/2 OF N 1/2 OF LOT 25 OF PB 1 PG 165 AS DES IN ORB 1322 PG 987

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065231

Geography

  • Assessors Map Reference: 433A
  • Account Number: 2941668
  • Subdivision Tract Number: 25
  • Parcel: 29-37-24-00-00265.0-0000.00
  • Block: 265
  • Lot: 25
  • Meridian: SEC 24 TWN 29S RNG 37E
  • Municipality: GRANT-VALKARIA
  • Latitude: 27.9524
  • Longitude: -80.589

    Address

  • Full Address: 4180 Bobbie Ln
  • Address - House Number: 4180
  • Address - Street Name: Bobbie
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Malabar
  • Zip Code: 32950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $122,777
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 34L0

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 187,343
  • High Value: 226,497
  • Low Value: 148,190

    Market Valuation

  • Market Total Value: $93,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,500

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 140830
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 Grant-Valkaria

Stats & Trends

Median Asking:

$611,450

Sale Price/ft²

$267

Below Asking

0.03%

Average Days on Market

84

Average Home Size

2166 ft²

Average Home Age

15.9 years

Currently For Sale

59 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

Rentals Near You

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SpaceCoast

Listed by: Cheryl L Smith, Cheryl Smith Realty, Inc
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 914743
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 4180 Bobbie Lane built and last sold?
The property at 4180 Bobbie Lane was built in 1998 and last sold on May 25, 2022 for $245,000.
How much is this home worth?
The estimated value of the home located at 4180 Bobbie Lane is $0.
What are some comparable homes to 4180 Bobbie Lane?
There are currently no comparable homes to 4180 Bobbie Lane.
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