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Brevard 32953 Indian Bay Estate
470 Mohawk
$270,000
● House - Off Market

470 Mohawk

Merritt Island, FL 32953
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,311 Ft²
$545,863
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Spacious & well maintained 3 bedroom 2 bath 2 car garage split plan home with private back yard that backs up to Manatee Cove park. Open floor plan with eat in kitchen that opens to large family room with fireplace and dining room with built in bar & lots of natural light from large windows and sliders to screened porch and backyard with room for a pool. Spacious master suite and bedrooms with carpet & tiled kitchen and living areas. Indoor laundry room with storage & laundry sink.  Community boat ramp to Indian River. Well maintained, great neighborhood, 5 miles to KSC, 45 minutes to Orlando airport & convenient to 528 and beaches. Well built one owner home. May need new carpet or some updating. Great house at a great price waiting for you, its new owner!
Unit Size
2,311 Ft²
Days on Market
59 days
Land Size
0.35 acres
Price per sqft
$140
Property Type
House
Property Taxes
$184
HOA Dues
$20
Year Built
1989

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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: 7 months ago (Space Coast MLS #765757)

Price History

Date / Event Date Event Price
Nov 29, 2016 Sold
Premium
Sold
Sep 23, 2016 Listed by R & R Realty Co. $324,000
Listed by R & R Realty Co.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 547
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 3,320
  • Gross Building Area: 3,320
  • Building Area: 2,311
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,311
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN BAY ESTATES PHASE 1
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: INDIAN BAY ESTATES PHASE 1 LOT 23

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 069904

Zoning

  • Zoning: EU

Geography

  • Assessors Map Reference: 120
  • Account Number: 2318442
  • Subdivision Phase Number: 1
  • Parcel: 23-36-34-25-00000.0-0023.00
  • Lot: 23
  • Meridian: SEC 34 TWN 23S RNG 36E
  • Municipality: UNINCORP DISTRICT 2
  • Latitude: 28.4452
  • Longitude: -80.719

    Address

  • Full Address: 470 Mohawk Trl
  • Address - House Number: 470
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Merritt Island
  • Carrier Code: R012
  • 4-Digit Zip Code: 7820
  • Zip Code: 32953

Valuation

    Tax

  • Total Area: 2,795
  • Tax Year: 2022
  • Tax Amount: $398,460
  • Tax Rate Code Area: 2200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 663,719
  • High Value: 783,811
  • Low Value: 543,627

    Market Valuation

  • Market Total Value: $476,730

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $314,810

    Sales

  • Current Sale Contract Date: Nov 29, 2016
  • Current Sale Recording Date: Nov 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016233089
  • Previous Sale Recording Date: Sep 01, 2016
  • Previous Sale Contract Date: Sep 01, 2016
  • Previous Sale Document Type: 27
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 Indian Bay Estate

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

84

Average Home Size

3124 ft²

Average Home Age

41 years

Currently For Sale

2 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: Annette W Rehm, R & R Realty Co.
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 765757
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 470 Mohawk Trail built and last sold?
The property at 470 Mohawk Trail was built in 1989 and last sold on Nov 29, 2016 for $270,000.
How much is this home worth?
The estimated value of the home located at 470 Mohawk Trail is $0.
What are some comparable homes to 470 Mohawk Trail?
There are currently no comparable homes to 470 Mohawk Trail.
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