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Brevard 32934 Lake Washington
5520 Evinrude Road
$75,000
● Land - Off Market

5520 Evinrude Road

Melbourne, FL 32934
bedrooms
Studio
bathrooms
0 Bath
$127,633
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

NICE CORNER ON 3 LOTS WITH 2 SIDES OF WATER. CANAL GOES TO LAKE WASHINGTON. AND END OF STREET.
Unit Size
-
Days on Market
-
Land Size
0.44 acres
Price per sqft
-
Property Type
Land
Property Taxes
$55
HOA Dues
-
Year Built
-

Payment Calculator

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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: 3 years ago (Space Coast MLS #782905)

Price History

Date / Event Date Event Price
Mar 11, 2020 Sold
Premium
Sold
Jun 27, 2017 Sold
Premium
Sold
May 8, 2017 Listed by RE/MAX Elite $79,500
Listed by RE/MAX Elite

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 75

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LAKE WASHINGTON ACRES SEC 1, REPLAT
  • Land Acres: 0000000440
  • Standard Land Use Code: 8010
  • County Land Use Code: 0010
  • Legal Description 1: LAKE WASHINGTON ACRES SEC 1, REPLAT LOTS 66,67,68 BLK C

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064129

Zoning

  • Zoning: GU

Geography

  • Assessors Map Reference: 280
  • Account Number: 2703101
  • Parcel: 27-36-15-JE-0000C.0-0066.00
  • Block: C
  • Lot: 66
  • Meridian: SEC 15 TWN 27S RNG 36E
  • Municipality: UNINCORP DISTRICT 5
  • Latitude: 28.1287
  • Longitude: -80.7186

    Address

  • Full Address: 5520 Evinrude Rd
  • Address - House Number: 5520
  • Address - Street Name: Evinrude
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Melbourne
  • Zip Code: 32934

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $122,593
  • Tax Rate Code Area: 5300

    Market Valuation

  • Market Total Value: $114,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $114,000

    Sales

  • Current Sale Contract Date: Mar 11, 2020
  • Current Sale Recording Date: Mar 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020059145
  • Previous Sale Recording Date: Jun 27, 2017
  • Previous Sale Contract Date: Jun 19, 2017
  • Previous Sale Amount: $75,000
  • 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 Lake Washington

Stats & Trends

Median Asking:

$914,500

Sale Price/ft²

$367

Below Asking

0.08%

Average Days on Market

138

Average Home Size

2260 ft²

Average Home Age

25 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 1281 Berryhill Drive, Melbourne, FL, 32934

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,468 ft²
1281 Berryhill Drive, Melbourne, FL, 32934 Listing by Joseph Mignone
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: Suzi Granger, RE/MAX Elite
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 782905
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 5520 Evinrude Road built and last sold?
The property at 5520 Evinrude Road was built in and last sold on Mar 11, 2020 for $100,000.
How much is this home worth?
The estimated value of the home located at 5520 Evinrude Road is $0.
What are some comparable homes to 5520 Evinrude Road?
There are currently no comparable homes to 5520 Evinrude Road.
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