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Sebastian 32958
602 Chesser Avenue
$260,000
● House - Off Market

602 Chesser Avenue

Sebastian, FL 32958
bedrooms
2 Beds
bathrooms
2 Baths
$283,163
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Wonderful 2 bedroom 2 bath 1 car garage fully updated home in the Sebastian Highlands neighborhood. Newer metal roof May 2020. Newer impact rated double pane vinyl clad windows and hurricane shutters. Beautiful laminate wood flooring and tile throughout. White solid wood cabinetry, granite countertops and stainless steel appliances add a splendid look to the kitchen. Indoor laundry. Updated bathrooms. Large fenced yard with a storage shed with plenty of parking room for a boat and/or RV. This home is move in ready!!! Very centrally located only a couple of blocks away from the Sebastian Municipal Golf Course, Municipal Airport, pickleball and skydiving. A short distance to the Indian River, restaurants, shopping and excellent schools.
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1979

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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: 3 years ago (Space Coast MLS #908825)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Jul 15, 2021 Sold
Premium
Sold
Jun 26, 2021 Listed by My Florida Homes For Sale $245,000
Listed by My Florida Homes For Sale
Mar 14, 2017 Sold
Premium
Sold
Sep 28, 2007 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 286
  • Parking Space Count: 1
  • Patio Type: 12
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,713
  • Gross Building Area: 1,933
  • Building Area: 1,427
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,427
  • 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: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SEBASTIAN HIGHLANDS UNIT 02 BLK 82 LOT 28 PBI 5-34

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050807

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-38-01-00003-0820-00028.0
  • Block: 82
  • Lot: 28
  • Meridian: SEC 01 TWN 31S RNG 38E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.804
  • Longitude: -80.4867

    Address

  • Full Address: 602 Chesser Ave
  • Legal Unit: 2
  • Address - House Number: 602
  • Address - Street Name: Chesser
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R001
  • 4-Digit Zip Code: 4266
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 1,674
  • Tax Year: 2022
  • Tax Amount: $296,736
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 321,840
  • High Value: 390,933
  • Low Value: 252,748

    Market Valuation

  • Market Total Value: $210,815
  • Market Land Value: $30,816
  • Market Improvement Value: $179,999

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $210,815
  • Assessed Land Value: $30,816
  • Assessed Improvements Value: $179,999

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49387
  • Previous Sale Recording Date: Jul 15, 2021
  • Previous Sale Contract Date: Jul 09, 2021
  • Previous Sale Amount: $260,000
  • 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:

$369,000

Sale Price/ft²

$221

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1793 ft²

Average Home Age

28.1 years

Currently For Sale

151 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

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Kyle Hogan, My Florida Homes For Sale
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 908825
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 602 Chesser Avenue built and last sold?
The property at 602 Chesser Avenue was built in 1979 and last sold on Sep 28, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 602 Chesser Avenue is $247,450.
What are some comparable homes to 602 Chesser Avenue?
There are currently no comparable homes to 602 Chesser Avenue.
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