$520,000
●
House -
Off Market
4220 El Dorado Way
Melbourne, FL 32934
4 Beds
3 Baths
2,384 Ft²
$663,854
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
YES, BACK ON THE MARKET. THE BUYER CHANGED HIS MIND
BEFORE INSPECTIONS
NO HOA NO HOA AND EASY TO SHOW
Live your life in the country, yet still close to everything.
This one acre Lake Washington home boasts 4 bedrooms, 3 full baths, detached double car garage with upstairs apartment, screened pool, your own stocked pond, circular drive, and more.
NO HOA.. NO HOA FEES
Total makeover, this home is revitalized for the 21'st century with an open living/dining/kitchen combination. New cabinets, granite, tile floors throughout, impact windows, new exerior doors.
To explain, the main home is 1712 square feet and a private apartment above the garage is 600-plus more. Office/ room for older teens.
Did I say NO HOA??
NO HOA NO HOA AND EASY TO SHOW
Live your life in the country, yet still close to everything.
This one acre Lake Washington home boasts 4 bedrooms, 3 full baths, detached double car garage with upstairs apartment, screened pool, your own stocked pond, circular drive, and more.
NO HOA.. NO HOA FEES
Total makeover, this home is revitalized for the 21'st century with an open living/dining/kitchen combination. New cabinets, granite, tile floors throughout, impact windows, new exerior doors.
To explain, the main home is 1712 square feet and a private apartment above the garage is 600-plus more. Office/ room for older teens.
Did I say NO HOA??
Unit Size
2,384 Ft²
Days on Market
80 days
Land Size
1.04 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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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 #895663)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by AHR Real Estate | $545,900 | |
| Listed by AHR Real Estate | |||
| Jul 17, 2020 | Sold | ||
| Sold | |||
| May 18, 2020 | Listed by EXP Realty, LLC | $299,900 | |
| Listed by EXP Realty, LLC | |||
   | |||
|
Come take a look at this pool home sitting on over one acre with 2 BR/2 BA main home and 1BR/1BA apartment over garage. With a little TLC this home will shine once again. A large circular driveway provides plenty of parking as you are welcomed by a fully stocked fish pond. Home highlights are: sunken living room, beautiful brick fireplace, hurricane windows (2018), and so much more. Over the detached garage is a private 1BR/1BA with kitchen and seperate living area. Perfect set up for in-laws or college student. Screened pool outback overlooks large fenced yard, ready to store your RV or boats. No HOA restrictions here! Country living still with all the conveniences of being close to shopping,restaurants and schools. Call today to make your appointment and tour this property !
| |||
| Mar 7, 2020 | No longer available | - | |
| No longer available | |||
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About Melbourne
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Listed by: John Krause, AHR Real Estate
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 895663
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: 5 months ago
Data Source: Space Coast MLS, MLS# 895663
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