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Vero Beach South 32968
4981 4th Place
$201,000
● House - Off Market

4981 4th Place

Vero Beach, FL 32968
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,626 Ft²
$376,135
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

This spectacular 3 bedroom residence shows like a model. Kitchen with granite counter tops, granite backsplash and granite knee wall. Dining room with full bay window overlooking number of fruit trees. Oversized master bedroom with a large walk in closet. Brand new roof & water heater. Hot tub/spa in a large enclosed patio conveys with the home. Great neighborhood, only 10 minutes to Vero Beach best beaches.
Unit Size
1,626 Ft²
Days on Market
74 days
Land Size
0.26 acres
Price per sqft
$129
Property Type
House
Property Taxes
$122
HOA Dues
$46
Year Built
2000

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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: 6 months ago (Space Coast MLS #719030)

Price History

Date / Event Date Event Price
Jan 2, 2018 Sold
Premium
Sold
Aug 7, 2017 Sold
Premium
Sold
May 25, 2017 Listed by Dale Sorensen Real Estate Inc. $239,900
Listed by Dale Sorensen Real Estate Inc.
May 15, 2015 Sold
Premium
Sold
Mar 1, 2015 Listed by Dale Sorensen Real Estate Inc. $210,000
Listed by Dale Sorensen Real Estate Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 36
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,026
  • Gross Building Area: 2,026
  • Building Area: 1,626
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,626
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS LAKE PHASE I
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: CYPRESS LAKE PHASE I LOT 11 PBI 15-24

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050702

Zoning

  • Zoning: RS-3

Geography

  • Subdivision Phase Number: 1
  • Parcel: 33-39-16-00009-0000-00011.0
  • Lot: 11
  • Meridian: SEC 16 TWN 33S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6097
  • Longitude: -80.4384

    Address

  • Full Address: 4981 4th Pl
  • Address - House Number: 4981
  • Address - Street Name: 4th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R007
  • 4-Digit Zip Code: 1054
  • Zip Code: 32968

Valuation

    Tax

  • Total Area: 2,075
  • Tax Year: 2022
  • Tax Amount: $16,899
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 421,545
  • High Value: 507,428
  • Low Value: 335,663

    Market Valuation

  • Market Total Value: $299,713
  • Market Land Value: $38,250
  • Market Improvement Value: $261,463

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $221,158

    Sales

  • Current Sale Contract Date: Dec 26, 2017
  • Current Sale Recording Date: Jan 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120180000221
  • Previous Sale Recording Date: Aug 07, 2017
  • Previous Sale Contract Date: Aug 01, 2017
  • Previous Sale Amount: $228,000
  • 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 Vero Beach South

Stats & Trends

Median Asking:

$339,000

Sale Price/ft²

$217

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1676 ft²

Average Home Age

35.5 years

Currently For Sale

156 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 3105 18th Street, Vero Beach, FL, 32960

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,512 ft²
3105 18th Street, Vero Beach, FL, 32960 Listing by Renato Fernandes Vargas

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Eva McMillan, Dale Sorensen Real Estate Inc.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 719030
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 4981 4th Place built and last sold?
The property at 4981 4th Place was built in 2000 and last sold on Dec 26, 2017 for $235,000.
How much is this home worth?
The estimated value of the home located at 4981 4th Place is $0.
What are some comparable homes to 4981 4th Place?
There are currently no comparable homes to 4981 4th Place.
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