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Sebastian 32958
573 Drawdy Way
Photo of 573 Drawdy Way
Sold on Dec 21, 2017

20

Map

Photo of 573 Drawdy Way
Photo of 573 Drawdy Way
$157,000
● House - Off Market

573 Drawdy Way

Sebastian, FL 32958
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,147 Ft²
$257,426
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Looking for that home where you can put all your TOYS? The adjacent lot is included with the sell of this home with one tax bill! This well maintained CBS home is ready to move in. Home features not one but two HUGE glass rooms, whether entertaining, need office space or gym space, this home has it. And did I mention no HOA fee's? Call today to view, priced to sell!
Unit Size
1,147 Ft²
Days on Market
23 days
Land Size
0.54 acres
Price per sqft
$142
Property Type
House
Property Taxes
$47
HOA Dues
-
Year Built
1973

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: 4 months ago (Space Coast MLS #799199)

Price History

Date / Event Date Event Price
Aug 23, 2018 Sold
Premium
Sold
Dec 28, 2017 Sold
Premium
Sold
Nov 28, 2017 Listed by RE/MAX Crown Realty $162,500
Listed by RE/MAX Crown Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 620
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 36
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,479
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,767
  • Gross Building Area: 1,767
  • Building Area: 1,147
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,147
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEBASTIAN HIGHLANDS UNIT 2
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SEBASTIAN HIGHLANDS UNIT 02 BLK 59 LOT 4 PBI 5-37

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050808

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-38-01-00003-0590-00004.0
  • Block: 59
  • Lot: 4
  • Meridian: SEC 01 TWN 31S RNG 38E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.7962
  • Longitude: -80.4829

    Address

  • Full Address: 573 Drawdy Way
  • Legal Unit: 2
  • Address - House Number: 573
  • Address - Street Name: Drawdy
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R013
  • 4-Digit Zip Code: 4323
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 1,670
  • Tax Year: 2022
  • Tax Amount: $145,963
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 303,208
  • High Value: 372,022
  • Low Value: 234,393

    Market Valuation

  • Market Total Value: $204,844
  • Market Land Value: $42,228
  • Market Improvement Value: $162,616

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $136,699

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2018
  • Current Sale Recording Date: Aug 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120180052145
  • Previous Sale Recording Date: Dec 28, 2017
  • Previous Sale Contract Date: Dec 21, 2017
  • Previous Sale Amount: $157,000
  • 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 Sebastian

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1756 ft²

Average Home Age

27.8 years

Currently For Sale

162 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 301 S Wimbrow Drive, Sebastian, FL, 32958

$1,950 /mo

  • 2 Beds
  • 2 Baths
  • 2,218 ft²
301 S Wimbrow Drive #A, Sebastian, FL, 32958 Listing by Bonnie Stauber
Unit for rent at 6180 98th Lane, Sebastian, FL, 32958

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 933 ft²
6180 98th Lane, Sebastian, FL, 32958 Listing by William Novak

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Charlotte Kaye Bolton, RE/MAX Crown Realty
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 799199
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 573 Drawdy Way built and last sold?
The property at 573 Drawdy Way was built in 1973 and last sold on Aug 9, 2018 for $159,900.
How much is this home worth?
The estimated value of the home located at 573 Drawdy Way is $170,123.
What are some comparable homes to 573 Drawdy Way?
There are currently no comparable homes to 573 Drawdy Way.
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