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Brevard 32934
4334 Twin Lakes Drive
$105,000
● Mobile Manufactured - Off Market

4334 Twin Lakes Drive

Melbourne, FL 32934
bedrooms
2 Beds
bathrooms
2 Baths
$122,855
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

This 2/2  home has been lovingly cared for and has had multiple upgrades. Windows were replaced with dual pane vinyl units. Kitchen and both bathrooms have been updated.   Florida room is enclosed and has A/C. Home conveys fully furnished.  The home is located in a sought after 55+ community, small and quiet with caring neighbors. Low HOA of $100.00 a month covers pool, clubhouse, road and amenities.

NO LOT RENT you own the land.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
Mobile Manufactured
Property Taxes
$38
HOA Dues
$100
Year Built
1989

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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 (Space Coast MLS #895316)

Price History

Date / Event Date Event Price
Jun 15, 2021 Sold
Premium
Sold
Jan 25, 2021 Listed by LoKation $105,000
Listed by LoKation
Jun 26, 2015 Sold
Premium
Sold
May 28, 2015 Listed by LoKation $39,900
Listed by LoKation
Aug 7, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 33
  • Exterior Walls Type: 19
  • 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: 3
  • Garage Square Area: 407
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 888
  • Gross Building Area: 888
  • Building Area: 888
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 888
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RIVER GROVES & GARDENS
  • Land Acres: 0000000210
  • Standard Land Use Code: 1006
  • County Land Use Code: 0422
  • State Land Use Code: 004
  • Mobile Home Indicator: T
  • Legal Description 1: TWIN LAKES COUNTRY HOMES CONDO PH 1 UNIT 63 TWIN LAKES COUNTRY HOMES CONDO PH 1 AS DESC IN ORB 3072 PG 2113 AND ALL AMENDMENTS THERETO.

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064129

Geography

  • Assessors Map Reference: MB 6 PG 86
  • Account Number: 2732275
  • Subdivision Phase Number: 1
  • Parcel: 27-36-14-01-00000.0-0005.6H
  • Lot: 56
  • Meridian: SEC 14 TWN 27S RNG 36E
  • Municipality: UNINCORP DISTRICT 5
  • Latitude: 28.1363
  • Longitude: -80.6979

    Address

  • Full Address: 4334 Twin Lakes Dr
  • Legal Unit: 63
  • Address - House Number: 4334
  • Address - Street Name: Twin Lakes
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R070
  • 4-Digit Zip Code: 7116
  • Zip Code: 32934

Valuation

    Tax

  • Total Area: 888
  • Tax Year: 2022
  • Tax Amount: $86,777
  • Tax Rate Code Area: 5300

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 82,310
  • High Value: 118,264
  • Low Value: 46,355

    Market Valuation

  • Market Total Value: $81,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021154455
  • Previous Sale Recording Date: Jun 26, 2015
  • Previous Sale Contract Date: Jun 03, 2015
  • Previous Sale Amount: $46,050
  • Previous Sale Document Type: 68
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 Brevard

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$216

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1823 ft²

Average Home Age

29.9 years

Currently For Sale

5514 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 1761 Caleb Lane, Melbourne, FL, 32934

$1,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,791 ft²
1761 Caleb Lane #205, Melbourne, FL, 32934 Listing by Nicole D Grammer
Unit for rent at 1833 Oakwood Trail, Melbourne, FL, 32934

$1,850 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
1833 Oakwood Trail, Melbourne, FL, 32934 Listing by Cassandra N Braunecker

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: William T Wadelton III, LoKation
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 895316
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 4334 Twin Lakes Drive built and last sold?
The property at 4334 Twin Lakes Drive was built in 1989 and last sold on Jun 7, 2021 for $105,000.
How much is this home worth?
The estimated value of the home located at 4334 Twin Lakes Drive is $0.
What are some comparable homes to 4334 Twin Lakes Drive?
There are currently no comparable homes to 4334 Twin Lakes Drive.
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