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Grant-Valkaria 32949 Cypress Creek
5633 Cypress Creek Drive
$229,000
● House - Off Market

5633 Cypress Creek Drive

Grant-Valkaria, FL 32949
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,458 Ft²
$407,699
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

BRING ALL OFFERS. SHORT SALE. Spacious home with exceptional privacy on 1.19 acres, in a natural Florida setting. If you would rather hear the wind and the birds instead of the highway, if you would like to see native orchids instead of pavement, this house is for you. This home features a Grand open floor plan with a 46' x 18' Great Room (10 ' ceilings & crown molding) and 5 sets of French Doors opening onto a 46' x 21' screened porch. With 3 bedrooms, 2 baths, a large eat-in kitchen, inside laundry, and walk-in pantry. The 3 car garage has built-in storage and work bench. The pictures cannot convey the vast open area.  You must see it in person.
Unit Size
2,458 Ft²
Days on Market
148 days
Land Size
1.19 acres
Price per sqft
$93
Property Type
House
Property Taxes
-
HOA Dues
$23
Year Built
2002

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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 #716749)

Price History

Date / Event Date Event Price
Jul 1, 2015 Sold
Premium
Sold
Feb 2, 2015 Listed by RE/MAX Alternative Realty $229,000
Listed by RE/MAX Alternative Realty
Mar 3, 2009 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 4
  • 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: 832
  • Parking Space Count: 3
  • Patio Type: 17
  • Porch Type: 126
  • Pool Type: 9
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 51,836
  • Total Building Area: 3,898
  • Gross Building Area: 3,898
  • Building Area: 2,458
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,458
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS CREEK SUBDIVISION PHASE 1
  • Land Acres: 0000001190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CYPRESS CREEK SUBDIVISION PHASE 1 LOT 42

Neighborhood

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

Zoning

  • Zoning: RR-1

Geography

  • Assessors Map Reference: 434D
  • Account Number: 2959270
  • Subdivision Phase Number: 1
  • Parcel: 29-38-29-50-00000.0-0042.00
  • Lot: 42
  • Meridian: SEC 29 TWN 29S RNG 38E
  • Municipality: GRANT-VALKARIA
  • Latitude: 27.9308
  • Longitude: -80.5517

    Address

  • Full Address: 5633 Cypress Creek Dr
  • Address - House Number: 5633
  • Address - Street Name: Cypress Creek
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Grant
  • Carrier Code: R001
  • 4-Digit Zip Code: 8302
  • Zip Code: 32949

Valuation

    Tax

  • Total Area: 3,109
  • Tax Year: 2022
  • Tax Amount: $345,461
  • Tax Rate Code Area: 34L0

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 628,553
  • High Value: 750,103
  • Low Value: 507,002

    Market Valuation

  • Market Total Value: $464,080

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $244,550

    Sales

  • Current Sale Contract Date: Jun 30, 2015
  • Current Sale Recording Date: Jul 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015130643
  • Previous Sale Recording Date: Mar 03, 2009
  • Previous Sale Contract Date: Feb 12, 2009
  • Previous Sale Amount: $139,000
  • 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:

$774,450

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

99

Average Home Size

2861 ft²

Average Home Age

18.7 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

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SpaceCoast

Listed by: Grace Belcher, RE/MAX Alternative Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 716749
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 5633 Cypress Creek Drive built and last sold?
The property at 5633 Cypress Creek Drive was built in 2002 and last sold on Jun 30, 2015 for $229,000.
How much is this home worth?
The estimated value of the home located at 5633 Cypress Creek Drive is $0.
What are some comparable homes to 5633 Cypress Creek Drive?
There are currently no comparable homes to 5633 Cypress Creek Drive.
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