$150,000
●
House -
Off Market
607 Mandan Avenue
Melbourne, FL 32935
3 Beds
2 Baths
1,310 Ft²
$270,931
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
MOVE RIGHT IN! Sweet, 3 bedroom, 2 bath home with loads of charm
and UPDATES! New carpet and tile throughout, updated, eat in
kitchen with new countertops, tile backsplash, and fridge. Freshly
painted, inside & out, with a current and cool color palate.
Great room sliders lead to the back paver patio. Spend
evenings entertaining friends and family around the fire pit!
Awesome 8 camera video surveillance system, live action on cell
phone! In wall cable wiring, auto sensor lights and new water lines
throughout. No HOA! You will not be disappointed!
Unit Size
1,310 Ft²
Days on Market
60 days
Land Size
0.15 acres
Price per sqft
$130
Property Type
House
Property Taxes
$115
HOA Dues
-
Year Built
1962
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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: 5 months ago (Space Coast MLS #785631)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Mar 17, 2025 | Listed by RE/MAX Solutions | $280,000 | |
| Listed by RE/MAX Solutions | |||
| | |||
|
Nestled in the Eau Gaille area, this well maintained Mid Century is a charmer! Welcoming you in through the front porch and new modern front door into an open floor plan maximizing your space for everyday living or hosting game nights. 3 good sized bedrooms split on either side of the living area. Inside laundry room with private access to carport includes washer and dryer. New sliders open onto an extended paved patio overlooking a fully fenced yard with tropical landscaping and large shed for outdoor storage. Recently updated with tile flooring throughout, modern baseboards, fresh paint, new doors, new bathroom vanities, light fixtures & fans, textured ceilings, gutters and rain barrels for water conservation. Plus the pipes have been redone. NEW ROOF will be installed prior to closing! Whether you're looking for a starter home, vacation home or investment property, this is a move in ready home ready for it's next owner!
| |||
| Aug 10, 2017 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cresthaven Homes
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Listed by: Gregory Ellingson, Ellingson Properties
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 785631
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: 5 months ago
Data Source: Space Coast MLS, MLS# 785631
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