$389,000
●
House -
Off Market
582 Dawson Drive
Melbourne, FL 32940
2 Beds
2 Baths
1,797 Ft²
$2,433
Est. Monthly
$155
HOA / Fees
3.68%
Cap Rate
About This Property
Come Step into the Florida lifestyle in this spacious 2 bedroom 2
bath move-in condition home right in the heart of Suntree.
Vaulted ceilings, an open floor plan and a floor to ceiling
stone fireplace (woodburning) give this 1797 sq ft it's expansive
feel. Living room finishes also include hardwood floors and a
wet bar! The primary suite offer mega space including a walk
in closet and 5 x 7 walk in shower equipped with built in seat and
handicap accessible bar grips. The lanai affords ample entertaining
and sitting space equally under cover and open screening for the
pleasant Florida nights. Additional extras are interior
plantation shutters, exterior storm shutters (Accordion close &
lock in minutes)and 7 year roof and AC! All located in
affordable Augusta Village, convenient to shopping, restaurants,
medical, schools and I-95 access!!
Unit Size
1,797 Ft²
Days on Market
106 days
Land Size
0.16 acres
Price per sqft
$237
Property Type
House
Property Taxes
$190
HOA Dues
$155
Year Built
1988
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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: 6 months ago (Space Coast MLS #1028116)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2025 | Listed by Ellingson Properties | $470,000 | |
| Listed by Ellingson Properties | |||
| | |||
|
Come Step into the Florida lifestyle in this spacious 2 bedroom 2 bath move-in condition home right in the heart of Suntree. Vaulted ceilings, an open floor plan and a floor to ceiling stone fireplace (woodburning) give this 1797 sq ft it's expansive feel. Living room finishes also include hardwood floors and a wet bar! The primary suite offer mega space including a walk in closet and 5 x 7 walk in shower equipped with built in seat and handicap accessible bar grips. The lanai affords ample entertaining and sitting space equally under cover and open screening for the pleasant Florida nights. Additional extras are interior plantation shutters, exterior storm shutters (Accordion close & lock in minutes)and 7 year roof and AC! All located in affordable Augusta Village, convenient to shopping, restaurants, medical, schools and I-95 access!!
| |||
| Feb 11, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Relisted | $425,000 | |
| Relisted | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Suntree
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Listed by: Gregory Ellingson, Ellingson Properties
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1028116
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.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1028116
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