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Bradford
574 SE 2nd AVENUE
$260,000
● House - Off Market

574 SE 2nd AVENUE

Melrose, FL 32666
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,368 Ft²
$301,871
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

3 Bedroom 2 Bath New Construction.
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$189
Property Type
House
Property Taxes
$33
HOA Dues
-
Year Built
2021

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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: 3 years ago (Stellar MLS #GC443468)

Price History

Date / Event Date Event Price
Jun 21, 2021 Sold
Premium
Sold
Apr 13, 2021 Listed by Florida Homes Realty & Mortgage $258,000
Listed by Florida Homes Realty & Mortgage
Jul 27, 2020 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,774
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEMINOLE RIDGE UNIT 6
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: 12 9S 22 LOT 18 SEMINOLE RIDGE UNIT 6 ALSO DESC AS: COM AT SE COR N06*22'43"E 2485.34', S89*55'00"W 200.00', N06*22'43"E 200.00', N03*07'17"W 310.00', FOR POB. N13*07'17"W 105.00', N84*20'55"E 233.78', TO WLY R/W OF RIDGE RD, S11*02'57"E 110.00', S85

Neighborhood

  • School District Name: Bradford County School District
  • Census Tract: 000301

Geography

  • Parcel: 06230-F-01800
  • Lot: 18
  • Meridian: SEC 12 TWN 09S RNG 22E
  • Municipality: COUNTY SWNEE RV WMD
  • Latitude: 29.7268
  • Longitude: -82.0488

    Address

  • Full Address: 574 Se 2nd Ave
  • Legal Unit: 6
  • Address - House Number: 574
  • Street Direction: SE
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melrose
  • Carrier Code: R002
  • 4-Digit Zip Code: 5439
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 1,426
  • Tax Year: 2023
  • Tax Amount: $188,022
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.4481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 10
  • Final Value: 206,970
  • High Value: 299,718
  • Low Value: 114,221

    Market Valuation

  • Market Total Value: $178,561
  • Market Land Value: $22,500
  • Market Improvement Value: $156,061

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,848

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202104005816
  • Previous Sale Recording Date: Jul 27, 2020
  • Previous Sale Contract Date: Jul 23, 2020
  • Previous Sale Amount: $18,500
  • 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 Bradford

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$193

Below Asking

0.03%

Average Days on Market

86

Average Home Size

1844 ft²

Average Home Age

40.6 years

Currently For Sale

95 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 436 Se 4th Avenue, MELROSE, FL, 32666

$2,595 /mo

  • 3 Beds
  • 2 Baths
  • 2,945 ft²
436 Se 4th Avenue, MELROSE, FL, 32666 Listing by Jessica Williams
Unit for rent at 1464 Se County Road 21b, Melrose, FL, 32666

$1,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,060 ft²
1464 Se County Road 21b, Melrose, FL, 32666 Listing by FREDDIE STEPHENS JR.

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Melissa Westmoreland
Florida Homes Realty & Mortgage
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# GC443468
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 574 Southeast 2nd Avenue built and last sold?
The property at 574 Southeast 2nd Avenue was built in 2021 and last sold on Jun 11, 2021 for $260,000.
How much is this home worth?
The estimated value of the home located at 574 Southeast 2nd Avenue is $0.
What are some comparable homes to 574 Southeast 2nd Avenue?
There are currently no comparable homes to 574 Southeast 2nd Avenue.
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