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Brevard 32934
5755 Lake Washington Road
$357,900
● House - Off Market

5755 Lake Washington Road

Melbourne, FL 32934
bedrooms
5 Beds
bathrooms
4 Baths
$633,444
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Price reflects this opportunity to make this large estate property your custom Shangri-La. Beautiful property but house, guest house and out-buildings were vandalized and need re-hab/restoration. Guest house is 1 bedroom/studio. Sold As-IS. Square Feet was auto-populated and maybe different than actual, see building drawing attachment.  Buyer to pay $75 Doc Fee at closing. All contracts/offers are subject to OneWest Sr management approval & any offers or counter offers by OneWest are not binding unless the entire agreement is ratified by all parties.  Buyer is charged approximately $500 closing fee per Seller Title Company at closing.
Unit Size
-
Days on Market
-
Land Size
6.49 acres
Price per sqft
-
Property Type
House
Property Taxes
$692
HOA Dues
-
Year Built
1997

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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 (Space Coast MLS #730799)

Price History

Date / Event Date Event Price
Aug 24, 2015 Sold
Premium
Sold
Jul 21, 2015 Listed by Sunchaser II Realty $356,900
Listed by Sunchaser II Realty
May 13, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2000
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 1,080
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 282,704
  • Total Building Area: 5,875
  • Gross Building Area: 5,875
  • Building Area: 5,875
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,392
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: ACREAGE
  • Land Acres: 0000006490
  • Standard Land Use Code: 2000
  • County Land Use Code: 0815
  • State Land Use Code: 008
  • Legal Description 1: N 555 OF W 745 FT OF SE 1/4 OF SE 1/4 LYING S OF LAKE WASHINGTON RD EXC ORB 2913 PG 488

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071354

Zoning

  • Zoning: SEU

Geography

  • Assessors Map Reference: 262
  • Account Number: 2700781
  • Parcel: 27-36-09-00-00760.0-0000.00
  • Block: 760
  • Lot: 2
  • Meridian: SEC 09 TWN 27S RNG 36E
  • Municipality: UNINCORP DISTRICT 5
  • Latitude: 28.1449
  • Longitude: -80.7238

    Address

  • Full Address: 5755 Lake Washington Rd
  • Address - House Number: 5755
  • Address - Street Name: Lake Washington
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R045
  • 4-Digit Zip Code: 7889
  • Zip Code: 32934

Valuation

    Tax

  • Total Area: 6,066
  • Tax Year: 2022
  • Tax Amount: $836,608
  • Tax Rate Code Area: 5300

    Market Valuation

  • Market Total Value: $1,112,920

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $680,090

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2015
  • Current Sale Recording Date: Aug 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015167479
  • Previous Sale Recording Date: May 13, 2015
  • Previous Sale Contract Date: May 13, 2015
  • Previous Sale Amount: $400,100
  • 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 Brevard

Stats & Trends

Median Asking:

$365,990

Sale Price/ft²

$216

Above Asking

0.14%

Average Days on Market

77

Average Home Size

1819 ft²

Average Home Age

28.9 years

Currently For Sale

3842 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

Rentals Near You

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SpaceCoast

Listed by: Steven G Gailey, Sunchaser II Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 730799
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 5755 Lake Washington Road built and last sold?
The property at 5755 Lake Washington Road was built in 1997 and last sold on Aug 24, 2015 for $357,900.
How much is this home worth?
The estimated value of the home located at 5755 Lake Washington Road is $360,469.
What are some comparable homes to 5755 Lake Washington Road?
There are currently no comparable homes to 5755 Lake Washington Road.
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