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Indian River 32967
4885 Hawks Way
$550,000
● House - Off Market

4885 Hawks Way

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,690 Ft²
$3,314
Est. Monthly
$296
HOA / Fees
3.20%
Cap Rate

About This Property

Privacy abounds on this lakefront, corner lot, pool home. Soak in your heated saltwater pool on your sun shelf while sipping wine facing the St. John's Water Management maintained lake and wildlife preserve. This newer construction concrete block home has all impact windows and doors with neutral tile floors through-out. Enjoy panoramic views of the lake and island wildlife preserve from the primary suite and from the open concept kitchen, great room combo, complete with a large island and neutral cabinetry. The beautiful resort style pool and lanai boasts views of the private lake preserve.
Unit Size
1,690 Ft²
Days on Market
91 days
Land Size
0.18 acres
Price per sqft
$325
Property Type
House
Property Taxes
$317
HOA Dues
$296
Year Built
2020

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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: 2 years ago (Indian River #280564)

Price History

Date / Event Date Event Price
Nov 12, 2024 Sold
Premium
Sold
Aug 13, 2024 Listed by EXP Realty, LLC $550,000
Listed by EXP Realty, LLC
Feb 18, 2020 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • 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: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,502
  • Lot Size Frontage Feet: 497
  • Total Building Area: 2,190
  • Gross Building Area: 2,450
  • Building Area: 1,690
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,690
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA COURT AT WATERWAY VILLAGE
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: MAGNOLIA COURT AT WATERWAY VILLAGE PD PODS H-I-J PBI 30-87 LOT 8

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050811

Zoning

  • Zoning: PD

Geography

  • Parcel: 32-39-16-00011-0000-00008.0
  • Lot: 8
  • Meridian: SEC 16 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6921
  • Longitude: -80.4364

    Address

  • Full Address: 4885 Hawks Way
  • Address - House Number: 4885
  • Address - Street Name: Hawks
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R052
  • 4-Digit Zip Code: 7694
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $370,054
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 536,522
  • High Value: 637,563
  • Low Value: 435,480

    Market Valuation

  • Market Total Value: $369,894
  • Market Land Value: $34,000
  • Market Improvement Value: $335,894

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $291,107

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 17, 2020
  • Current Sale Recording Date: Feb 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120200010059
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 River

Stats & Trends

Median Asking:

$390,900

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1948 ft²

Average Home Age

28.7 years

Currently For Sale

1648 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 4819 51st Court, Vero Beach, FL, 32967

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,701 ft²
4819 51st Court, Vero Beach, FL, 32967 Listing by Rhonda L Beasley

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Kathleen Provancher, EXP Realty, LLC
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 280564
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 4885 Hawks Way built and last sold?
The property at 4885 Hawks Way was built in 2020 and last sold on Feb 17, 2020 for $311,000.
How much is this home worth?
The estimated value of the home located at 4885 Hawks Way is $0.
What are some comparable homes to 4885 Hawks Way?
There are currently no comparable homes to 4885 Hawks Way.
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