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Grant-Valkaria 32949 Cypress Creek
5615 Schefflera Place
$95,000
● Land - Off Market

5615 Schefflera Place

Grant-Valkaria, FL 32949
bedrooms
Studio
bathrooms
0 Bath
$617
Est. Monthly
$29
HOA / Fees

About This Property

Exclusive Cypress Creek.  Come build your custom dream home on this gorgeous lot located in a cul de sac surround by beautiful homes.  This peaceful park like setting will make you feel like you are in the country but you are close to shopping and restaurants. Low HOA fees includes park area with playground, tennis court and fishing pier.  Drive by welcome.
Unit Size
-
Days on Market
58 days
Land Size
1.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$71
HOA Dues
$29
Year Built
-

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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: 5 months ago (Space Coast MLS #950356)

Price History

Date / Event Date Event Price
Aug 29, 2024 Sold
Premium
Sold
Jul 16, 2024 In contract -
In contract
Jul 2, 2024 Relisted $117,775
Relisted
Jul 2, 2024 Price Decreased $105,000
↓ $13K (10.9%)
Price Decreased
Jun 10, 2024 In contract -
In contract
Show More

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: 179

    Dimensions

  • Lot Size Square Feet: 43,996
  • 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: CYPRESS CREEK SUBDIVISION PHASE 1
  • Land Acres: 0000001010
  • Standard Land Use Code: 8010
  • County Land Use Code: 0010
  • Legal Description 1: CYPRESS CREEK SUBDIVISION PHASE 1 LOT 21

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065231

Zoning

  • Zoning: RR-1

Geography

  • Assessors Map Reference: 434D
  • Account Number: 2959249
  • Subdivision Phase Number: 1
  • Parcel: 29-38-29-50-00000.0-0021.00
  • Lot: 21
  • Meridian: SEC 29 TWN 29S RNG 38E
  • Municipality: GRANT-VALKARIA
  • Latitude: 27.9257
  • Longitude: -80.5501

    Address

  • Full Address: 5615 Schefflera Pl
  • Address - House Number: 5615
  • Address - Street Name: Schefflera
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Grant
  • Carrier Code: R001
  • 4-Digit Zip Code: 8314
  • Zip Code: 32949

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $89,170
  • Tax Rate Code Area: 34L0

    Market Valuation

  • Market Total Value: $80,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,000

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020286839
  • Previous Sale Recording Date: Mar 02, 2018
  • Previous Sale Contract Date: Mar 01, 2018
  • Previous Sale Amount: $40,000
  • 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 Creek

Stats & Trends

Median Asking:

$799,900

Sale Price/ft²

$263

Below Asking

0.02%

Average Days on Market

91

Average Home Size

2524 ft²

Average Home Age

16.3 years

Currently For Sale

3 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 6691 Cameo Drive, GRANT, FL, 32949

$3,700 /mo

  • 4 Beds
  • 3 Baths
  • 2,324 ft²
6691 Cameo Drive, GRANT, FL, 32949 Listing by Karen Fleckinger
Unit for rent at 4180 Highway 1, Grant-Valkaria, FL, 32949

$1,650 /mo

  • 1 Bed
  • 1 Bath
  • 986 ft²
4180 Highway 1, Grant-Valkaria, FL, 32949 Listing by Victoria Boltz

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Dawn Stuckey, RE/MAX Aerospace Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 950356
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 5615 Schefflera Place built and last sold?
The property at 5615 Schefflera Place was built in and last sold on Dec 16, 2020 for $62,000.
How much is this home worth?
The estimated value of the home located at 5615 Schefflera Place is $0.
What are some comparable homes to 5615 Schefflera Place?
There are currently no comparable homes to 5615 Schefflera Place.
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