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Melbourne 32934 Cypress Bend
4763 Silver Heron Drive
$218,000
● House - Off Market

4763 Silver Heron Drive

Melbourne, FL 32934
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,530 Ft²
$303,397
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Beautiful home with flowing floor plan, high ceilings and beautiful views of peaceful lake. You will feel at home as soon as you walk in the door! Soothing colors throughout. Eat in kitchen with newer stainless appliances and breakfast bar is open to spacious tiled dining area. Entry to large relaxing screened in porch through dining area or master suite.  Gorgeous master shower recently tiled. Great location just north of Eau Gallie in nice neighborhood with low HOA dues (only $135 a Quarter!) community park and pool! Roof is 2010. Recent Inspections available upon request. Wonderful opportunity  for an investment rental property!
Unit Size
1,530 Ft²
Days on Market
70 days
Land Size
0.12 acres
Price per sqft
$145
Property Type
House
Property Taxes
$199
HOA Dues
$135
Year Built
1993

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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: 6 months ago (Space Coast MLS #877033)

Price History

Date / Event Date Event Price
Aug 26, 2020 Sold
Premium
Sold
Jun 1, 2020 Listed by Coldwell Banker Paradise $221,500
Listed by Coldwell Banker Paradise
Jun 18, 2018 Sold
Premium
Sold
May 1, 2018 Listed by Coldwell Banker Paradise $199,900
Listed by Coldwell Banker Paradise

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2006
  • 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: 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: 422
  • Parking Space Count: 2
  • Patio Type: 17
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 510
  • Total Building Area: 2,137
  • Gross Building Area: 2,137
  • Building Area: 1,530
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,530
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS BEND
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CYPRESS BEND LOT 2 BLK 4

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064130

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 292
  • Account Number: 2703505
  • Parcel: 27-36-23-25-00004.0-0002.00
  • Block: 4
  • Lot: 2
  • Meridian: SEC 23 TWN 27S RNG 36E
  • Municipality: MELBOURNE
  • Latitude: 28.1258
  • Longitude: -80.6986

    Address

  • Full Address: 4763 Silver Heron Dr
  • Address - House Number: 4763
  • Address - Street Name: Silver Heron
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R070
  • 4-Digit Zip Code: 7245
  • Zip Code: 32934

Valuation

    Tax

  • Total Area: 1,848
  • Tax Year: 2022
  • Tax Amount: $370,447
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 339,818
  • High Value: 408,008
  • Low Value: 271,627

    Market Valuation

  • Market Total Value: $234,510

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $234,510

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020183776
  • Previous Sale Recording Date: Jun 18, 2018
  • Previous Sale Contract Date: Jun 11, 2018
  • Previous Sale Amount: $190,000
  • 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 Cypress Bend

Stats & Trends

Median Asking:

$284,500

Sale Price/ft²

$214

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1399 ft²

Average Home Age

31.8 years

Currently For Sale

0 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 1125 White Oak Circle, Melbourne, FL, 32934

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,465 ft²
1125 White Oak Circle, Melbourne, FL, 32934 Listing by Emilia Laura Primucci

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Karen S Coville, Coldwell Banker Paradise
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 877033
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 4763 Silver Heron Drive built and last sold?
The property at 4763 Silver Heron Drive was built in 1993 and last sold on Aug 13, 2020 for $218,000.
How much is this home worth?
The estimated value of the home located at 4763 Silver Heron Drive is $0.
What are some comparable homes to 4763 Silver Heron Drive?
There are currently no comparable homes to 4763 Silver Heron Drive.
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