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Melbourne 32901 Eagle Lake
4275 Canby DRIVE
$386,000
● House - Off Market

4275 Canby DRIVE

MELBOURNE, FL 32901
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,298 Ft²
$399,083
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Ideal investment opportunity for an investor.  This spacious, well maintained lakefront home features 5 bedrooms with loft, 2 1/2 bath, 2-car garage, upstairs laundry room, eat-in kitchen, family room, dining room/living room, and large screened in porch with a beautiful water view.
Unit Size
2,298 Ft²
Days on Market
25 days
Land Size
0.13 acres
Price per sqft
$172
Property Type
House
Property Taxes
$320
HOA Dues
$16
Year Built
2004

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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: 3 years ago (Stellar MLS #T3368027)

Price History

Date / Event Date Event Price
May 17, 2022 Sold
Premium
Sold
Apr 20, 2022 Listed by MAZZA REALTY, INC $396,000
Listed by MAZZA REALTY, INC
Mar 30, 2012 Sold
Premium
Sold
Jul 18, 2011 Listed by MAZZA REALTY, INC $110,000
Listed by MAZZA REALTY, INC
Oct 29, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,050
  • Gross Building Area: 3,050
  • Building Area: 2,298
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,298
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE LAKE EAST PHASE 1
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: EAGLE LAKE EAST PHASE 1 LOT 136

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065127

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 343
  • Account Number: 2859725
  • Subdivision Phase Number: 1
  • Parcel: 28-37-15-81-00000.0-0136.00
  • Lot: 136
  • Meridian: SEC 15 TWN 28S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.0441
  • Longitude: -80.6085

    Address

  • Full Address: 4275 Canby Dr
  • Address - House Number: 4275
  • Address - Street Name: Canby
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C013
  • 4-Digit Zip Code: 8696
  • Zip Code: 32901

Valuation

    Tax

  • Total Area: 2,654
  • Tax Year: 2022
  • Tax Amount: $426,330
  • Tax Rate Code Area: 34K0

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 413,325
  • High Value: 494,382
  • Low Value: 332,269

    Market Valuation

  • Market Total Value: $282,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $282,210

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 124764
  • Previous Sale Recording Date: Mar 30, 2012
  • Previous Sale Contract Date: Mar 02, 2012
  • Previous Sale Amount: $110,000
  • 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 Eagle Lake

Stats & Trends

Median Asking:

$334,000

Sale Price/ft²

$178

Below Asking

0.02%

Average Days on Market

79

Average Home Size

1977 ft²

Average Home Age

22.3 years

Currently For Sale

4 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

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STELLAR

Listed by: Lorna Mazza
MAZZA REALTY, INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# T3368027
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 4275 Canby Drive built and last sold?
The property at 4275 Canby Drive was built in 2004 and last sold on May 16, 2022 for $386,000.
How much is this home worth?
The estimated value of the home located at 4275 Canby Drive is $0.
What are some comparable homes to 4275 Canby Drive?
There are currently no comparable homes to 4275 Canby Drive.
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