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Melbourne 32934
4470 Parkway Drive
$200,000
● House - Off Market

4470 Parkway Drive

Melbourne, FL 32934
bedrooms
3 Beds
bathrooms
2 Baths
$437,235
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

If you are looking for a nice home with an oversized 2-car garage, and the nicest & largest warehouse/workshop/storage space with overhead doors available, then you must see this one! Workshop space is over 2100 sq ft! Flag Lot and Private Setting on 2-acres gives you plenty of room. The oversized 2-car garage is under A/C too! The master bathroom was just redone. It's an out-in-the-woods feeling, but in the heart of the Lake Washington Area. Short drive to so many places. Come and check it out!
Unit Size
-
Days on Market
-
Land Size
1.94 acres
Price per sqft
-
Property Type
House
Property Taxes
$182
HOA Dues
-
Year Built
1996

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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 #634642)

Price History

Date / Event Date Event Price
Jan 10, 2014 Sold
Premium
Sold
Feb 20, 2012 Listed by Coldwell Banker Realty $225,000
Listed by Coldwell Banker Realty
May 21, 1996 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • 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: 1
  • Garage Square Area: 576
  • Parking Space Count: 8
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 84,506
  • Lot Size Frontage Feet: 2,610
  • Total Building Area: 2,443
  • Gross Building Area: 2,443
  • Building Area: 1,465
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,465
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ACREAGE & UNREC
  • Land Acres: 0000001940
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PART OF SW 1/4 OF SW 1/4 AS DES IN ORB 1608 PG 271 EXC ORB 2817 PG 2660

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064126

Zoning

  • Zoning: REU

Geography

  • Assessors Map Reference: 264
  • Account Number: 2700486
  • Parcel: 27-36-02-00-00511.0-0000.00
  • Block: 511
  • Meridian: SEC 02 TWN 27S RNG 36E
  • Municipality: MELBOURNE
  • Latitude: 28.1603
  • Longitude: -80.7017

    Address

  • Full Address: 4470 Parkway Dr
  • Address - House Number: 4470
  • Address - Street Name: Parkway
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R155
  • 4-Digit Zip Code: 7766
  • Zip Code: 32934

Valuation

    Tax

  • Total Area: 2,009
  • Tax Year: 2022
  • Tax Amount: $299,978
  • Tax Rate Code Area: 43K0

    Appraisal Valuation

  • Standard Deviation: 0.2389
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 471,933
  • High Value: 584,719
  • Low Value: 359,147

    Market Valuation

  • Market Total Value: $415,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $211,120

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 07, 2014
  • Current Sale Recording Date: Jan 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014005284
  • Previous Sale Recording Date: May 21, 1996
  • Previous Sale Contract Date: May 15, 1996
  • Previous Sale Amount: $30,000
  • 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 Melbourne

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$215

Below Asking

0.03%

Average Days on Market

72

Average Home Size

1613 ft²

Average Home Age

39.6 years

Currently For Sale

350 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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SpaceCoast

Listed by: James J Hartung PA, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 634642
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 4470 Parkway Drive built and last sold?
The property at 4470 Parkway Drive was built in 1996 and last sold on Jan 7, 2014 for $200,000.
How much is this home worth?
The estimated value of the home located at 4470 Parkway Drive is $0.
What are some comparable homes to 4470 Parkway Drive?
There are currently no comparable homes to 4470 Parkway Drive.
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