$545,000
●
House -
Off Market
614 Franklyn Avenue
Indialantic, FL 32903
4 Beds
3 Baths
3,501 Ft²
$867,022
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Check out this newly updated estate home on a huge .39 acre lot.
This wonderful home features an open and flowing floor plan, wood
plank tile flooring, spacious living, family and formal dining
rooms, tastefully updated kitchen featuring new cabinetry, quartz
countertops, black stainless appliances, large walk in pantry,
built-in window bench with storage. Huge enclosed patio under
air that overlooks a large, fenced backyard with tons of room for
outdoor living and activities...plenty of room for a future pool.
****Owners will be installing new hurricane impact windows or
give credit if sold before installation. Bedrooms are all
generously sized, bathrooms have been elegantly updated with new
fixtures, quartz countertops and vanities. Additionally the
home features an over-sized, two car garage just under 650 square,
underground utilities, almost 1/2 acre lot, walking distance to
beaches and river, quick access to Melbourne Cswy
Unit Size
3,501 Ft²
Days on Market
71 days
Land Size
0.39 acres
Price per sqft
$161
Property Type
House
Property Taxes
$518
HOA Dues
$25
Year Built
1975
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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: 5 months ago (Space Coast MLS #804085)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2018 | Sold | ||
| Sold | |||
| Jan 31, 2018 | Listed by EXP Realty LLC | $565,000 | |
| Listed by EXP Realty LLC | |||
| Mar 9, 2017 | Sold | ||
| Sold | |||
| Oct 13, 2016 | Listed by Red 275 | $549,900 | |
| Listed by Red 275 | |||
   | |||
|
Beautiful Estate Home located in The Point subdivision. Prestigious central beach location, within walking distance to all of the best that Indialantic has to offer. This 4 bedroom, 3 bath home is rock solid, timeless and loaded with tasteful updates. The floorplan flows seemlessly and is a wonderful combination of traditional spaces and many elements found in today's modern open plans.
The kitchen is wide open to the family room and features a pine inlay in the tray ceiling. The cabinetry is all American made and is highlighted by quartz countertops and black stainless appliances. All three bathrooms have new plumbing fixtures, quartz tops and cabinetry that includes quiet close doors and drawers.
Additional Features:
2 fireplaces.
Huge yard.
Loads of crown molding.
Absolutely Turn Turn
| |||
| Aug 2, 2016 | Sold | ||
| Sold | |||
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About The Point
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Listed by: Eric Krall, EXP Realty LLC
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 804085
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# 804085
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