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Brevard 32940 Suntree
433 Spring Lake
$318,000
● House - Off Market

433 Spring Lake

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
$747,102
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Beautiful home on Golf Course! Stunning pool overlooks golf ourse. Wide open spaces from the kitchen to large family room, eat-in-kitchen, large bonus room off kitchen. Office with french doors, formal living and dining rooms, large Master Bedroom with built-in areas on either side of fireplace. Large Master bathroom, his/her closets, his/her dressing areas.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$431
HOA Dues
$195
Year Built
1991

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 (Space Coast MLS #643467)

Price History

Date / Event Date Event Price
Aug 3, 2012 Sold
Premium
Sold
Jun 20, 2012 Listed by RE/MAX Elite $348,000
Listed by RE/MAX Elite
Feb 2, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 2
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 101

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 3,534
  • Gross Building Area: 3,534
  • Building Area: 2,781
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,781
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNTREE P.U.D. STAGE 5 TRACT 55
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SUNTREE P.U.D. STAGE 5 TRACT 55 LOT 45 BLK 1

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064128

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 233E
  • Account Number: 2603609
  • Subdivision Tract Number: 55
  • Parcel: 26-36-14-NL-00001.0-0045.00
  • Block: 1
  • Lot: 45
  • Meridian: SEC 14 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2202
  • Longitude: -80.6936

    Address

  • Full Address: 433 Spring Lake Dr
  • Address - House Number: 433
  • Address - Street Name: Spring Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R024
  • 4-Digit Zip Code: 1955
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 3,130
  • Tax Year: 2022
  • Tax Amount: $468,523
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 784,415
  • High Value: 918,874
  • Low Value: 649,955

    Market Valuation

  • Market Total Value: $567,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $373,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2012
  • Current Sale Recording Date: Aug 03, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012151550
  • Previous Sale Recording Date: Feb 02, 1999
  • Previous Sale Contract Date: Jan 29, 1999
  • Previous Sale Amount: $275,000
  • 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:

$439,900

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1761 ft²

Average Home Age

42.3 years

Currently For Sale

14 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 729 Kenwood Circle, FL, 32940

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,209 ft²
729 Kenwood Circle, FL, 32940 Listing by McKenzie Kanazeh

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Sheryl J Jones, RE/MAX Elite
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 643467
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 433 Spring Lake Drive built and last sold?
The property at 433 Spring Lake Drive was built in 1991 and last sold on Jul 30, 2012 for $318,000.
How much is this home worth?
The estimated value of the home located at 433 Spring Lake Drive is $351,480.
What are some comparable homes to 433 Spring Lake Drive?
There are currently no comparable homes to 433 Spring Lake Drive.
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