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Viera West 32940 Chelford
6245 Mechlin Lane
$429,000
● House - Off Market

6245 Mechlin Lane

Melbourne, FL 32940
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,877 Ft²
$754,685
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Meticulously maintained executive home in sought after gated community of Chelford. Very spacious family home features 5-Bedrooms, 4.5-Bathrooms, 3 Car Garage, 2877sq/ft, oversized pool all perfectly situation on a lake front lot. Downstairs offers tile throughout the formal living room, formal dining room, family room & kitchen. Designer kitchen with 42'' wood cabinet uppers with an oversized granite kitchen island. Kitchen is appointed with oversized gas oven range & top end appliances. Downstairs master bedroom offers great water views. Upstairs features a bonus room/loft, 4-bedrooms, 3-bathrooms including a second master suite. Out back offers an extended screen lanai with a large pool on the water. Great construction with impact window upstairs, steel panels down & TAEXX defense syste syste
Unit Size
2,877 Ft²
Days on Market
108 days
Land Size
0.21 acres
Price per sqft
$149
Property Type
House
Property Taxes
$341
HOA Dues
$367
Year Built
2011

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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: 5 months ago (Space Coast MLS #738264)

Price History

Date / Event Date Event Price
Feb 15, 2016 Sold
Premium
Sold
Oct 26, 2015 Listed by Hart To Hart Real Estate, Inc. $429,000
Listed by Hart To Hart Real Estate, Inc.
May 26, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 2
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 640
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Frontage Feet: 670
  • Total Building Area: 3,977
  • Gross Building Area: 3,977
  • Building Area: 2,877
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,877
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHELFORD SUBDIVISION
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CHELFORD SUBDIVISION LOT 2 BLK F

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071201

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 56 PG 20
  • Account Number: 2629905
  • Parcel: 26-36-05-27-0000F.0-0002.00
  • Block: F
  • Lot: 2
  • Meridian: SEC 05 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2497
  • Longitude: -80.7508

    Address

  • Full Address: 6245 Mechlin Ln
  • Address - House Number: 6245
  • Address - Street Name: Mechlin
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: H008
  • 4-Digit Zip Code: 8636
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 3,376
  • Tax Year: 2022
  • Tax Amount: $504,040
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 778,580
  • High Value: 928,667
  • Low Value: 628,492

    Market Valuation

  • Market Total Value: $544,020

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $409,040

    Exemptions

  • Veteran Exemption: Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 05, 2016
  • Current Sale Recording Date: Feb 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016026388
  • Previous Sale Recording Date: May 26, 2011
  • Previous Sale Contract Date: May 26, 2011
  • Previous Sale Amount: $314,295
  • 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 Chelford

Stats & Trends

Median Asking:

$795,450

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2992 ft²

Average Home Age

15.3 years

Currently For Sale

0 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 8870 Napolo Drive, Melbourne, FL, 32940

$3,300 /mo

  • 3 Beds
  • 3 Baths
  • 2,044 ft²
8870 Napolo Drive, Melbourne, FL, 32940 Listing by Petra Appling

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Kalli Kamholz, Hart To Hart Real Estate, Inc.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 738264
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 6245 Mechlin Lane built and last sold?
The property at 6245 Mechlin Lane was built in 2011 and last sold on Feb 5, 2016 for $429,000.
How much is this home worth?
The estimated value of the home located at 6245 Mechlin Lane is $0.
What are some comparable homes to 6245 Mechlin Lane?
There are currently no comparable homes to 6245 Mechlin Lane.
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