For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Melbourne 32935
474 Linda Lane
$216,000
● House - Off Market

474 Linda Lane

Melbourne, FL 32935
bedrooms
5 Beds
bathrooms
3 Baths
$386,653
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

VERY spaciously remodeled 5 bedroom 3 bath pool home on two lots. NEW roof, flooring and everything in between, all under warranty. Several newly constructed or renovated homes in this quiet up-and-coming neighborhood. No through traffic/dead end street, centrally located minutes from downtown Melbourne, Viera, & beaches. The property features an online home security & smoke detector system, FOUR-car-garages, wood burning fireplace, & private backyard oasis w/ 2 patios & salt water pool. Separate living & family rooms w/ split floor plan provides a rare opportunity. With 2 A/Cs, separate 2-car-garages, & private side entrance, property can easily be divided into a 3/2 with a 2/1 rental unit. Could be a spacious mother-in-law suite or rent it out & live mortgage free! Owner is lic. Realtor
Unit Size
-
Days on Market
-
Land Size
0.38 acres
Price per sqft
-
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
1962

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #763667)

Price History

Date / Event Date Event Price
Nov 22, 2016 Sold
Premium
Sold
Sep 1, 2016 Listed by Haines Realty Group, Inc. $229,500
Listed by Haines Realty Group, Inc.
Jun 14, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • 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: 1,242
  • Parking Space Count: 3
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,416
  • Total Building Area: 3,650
  • Gross Building Area: 3,650
  • Building Area: 2,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,312
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRIFFIES SUBDIVISION
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: GRIFFIES SUBDIVISION LOT 5 & 6

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064301

Zoning

  • Zoning: RU111

Geography

  • Assessors Map Reference: 283
  • Account Number: 2719475
  • Parcel: 27-37-18-04-00000.0-0005.00
  • Lot: 5
  • Meridian: SEC 18 TWN 27S RNG 37E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.1384
  • Longitude: -80.658

    Address

  • Full Address: 474 Linda Ln
  • Address - House Number: 474
  • Address - Street Name: Linda
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C013
  • 4-Digit Zip Code: 3326
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 2,021
  • Tax Year: 2022
  • Tax Amount: $262,735
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 458,672
  • High Value: 549,306
  • Low Value: 368,038

    Market Valuation

  • Market Total Value: $346,880

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $201,090

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2016
  • Current Sale Recording Date: Nov 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016229532
  • Previous Sale Recording Date: Jun 14, 2016
  • Previous Sale Contract Date: Jun 10, 2016
  • Previous Sale Amount: $50,000
  • 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

1609 ft²

Average Home Age

40.4 years

Currently For Sale

349 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 2372 Windham Drive, Melbourne, FL, 32935

$3,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,569 ft²
2372 Windham Drive, Melbourne, FL, 32935 Listing by Paul Matchett

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Erin Haines, Haines Realty Group, Inc.
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 763667
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 474 Linda Lane built and last sold?
The property at 474 Linda Lane was built in 1962 and last sold on Nov 16, 2016 for $216,000.
How much is this home worth?
The estimated value of the home located at 474 Linda Lane is $0.
What are some comparable homes to 474 Linda Lane?
There are currently no comparable homes to 474 Linda Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Melbourne Homes for Sale
Melbourne Houses for Sale
Melbourne Condos for Sale
Melbourne Co-Ops for Sale
Melbourne Townhouses for Sale
Melbourne Multifamily for Sale
Melbourne Land for Sale
Melbourne Commercial for Sale
Nearby Cities
Palm Bay Homes for Sale
Merritt Island Homes for Sale
Rockledge Homes for Sale
West Melbourne Homes for Sale
Cocoa Beach Homes for Sale
Viera West Homes for Sale
Micco Homes for Sale
Cocoa Homes for Sale
Nearby Property Records
Brevard County, FL Property Records
Osceola County, FL Property Records
Indian River County, FL Property Records
Orange County, FL Property Records
Seminole County, FL Property Records
Okeechobee County, FL Property Records
St. Lucie County, FL Property Records
Highlands County, FL Property Records
Neighborhoods
Barefoot Bay Real Estate
Port Malabar Country Club Real Estate
Viera North Real Estate
Heritage Isle Real Estate
Indialantic by The Sea Real Estate
Suntree Real Estate
Canaveral Groves Real Estate
Bowe Gardens Real Estate
Nearby Counties
Palm Bay Homes for Sale
Cocoa-Rockledge Homes for Sale
Indialantic-Melbourne Beach Homes for Sale
Merritt Island Homes for Sale
Cocoa Beach-Cape Canaveral Homes for Sale
Malabar Homes for Sale
West Brevard Homes for Sale
Melbourne Shores-Floridana Beach Homes for Sale
Top Real Estate Agents
Top Agents in Melbourne
Top Agents in Palm Bay
Top Agents in Palm Bay
Top Agents in Cocoa-Rockledge
Top Agents in 32909
Top Agents in 32940
Top Agents in Indialantic-Melbourne Beach
Top Agents in 32907