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Melbourne 32901 Tradewinds Homes
628 Wisteria Drive
$50,000
● House - Off Market

628 Wisteria Drive

Melbourne, FL 32901
bedrooms
3 Beds
bathrooms
1 Bath
$113,002
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

Cute and Adorable Cottage...Investors Alert!..Central location..3 Bedrooms..1 Bath..Wood burning Fireplace...Original Terrazzo Floors ready to be restored...Great Potential...Utility/Laundry room..Fenced Yard..2 Artesian wells..some Fruit Trees.  Home would appreciate some Tender Loving Care..
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$24
HOA Dues
-
Year Built
1956

Payment Calculator

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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 #688437)

Price History

Date / Event Date Event Price
Apr 29, 2014 Sold
Premium
Sold
Feb 4, 2014 Listed by One Sotheby's Inter Realty $59,900
Listed by One Sotheby's Inter Realty
Dec 4, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 267
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,300
  • Gross Building Area: 1,300
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 7
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRADEWINDS HOMES SUBD
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: TRADEWINDS HOMES SUBD LOT 14 BLK E

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064800

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 313
  • Account Number: 2729712
  • Parcel: 27-37-34-25-0000E.0-0014.00
  • Block: E
  • Lot: 14
  • Meridian: SEC 34 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.098
  • Longitude: -80.6187

    Address

  • Full Address: 628 Wisteria Dr
  • Address - House Number: 628
  • Address - Street Name: Wisteria
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C012
  • 4-Digit Zip Code: 1452
  • Zip Code: 32901

Valuation

    Tax

  • Total Area: 1,069
  • Tax Year: 2022
  • Tax Amount: $45,700
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2177
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 197,346
  • High Value: 240,312
  • Low Value: 154,381

    Market Valuation

  • Market Total Value: $107,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,010

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2014
  • Current Sale Recording Date: Apr 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014084424
  • Previous Sale Recording Date: Dec 04, 2000
  • Previous Sale Contract Date: Nov 30, 2000
  • Previous Sale Amount: $39,900
  • 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 Tradewinds Homes

Stats & Trends

Median Asking:

$224,995

Sale Price/ft²

$217

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1147 ft²

Average Home Age

70 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 208 W Seminole Avenue, FL, 32901

$2,300 /mo

  • 1 Bed
  • 1 Bath
  • 505 ft²
208 W Seminole Avenue #4, FL, 32901 Listing by Nathan Doyle
Unit for rent at 304 Darrow Avenue, Melbourne, FL, 32901

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,759 ft²
304 Darrow Avenue, Melbourne, FL, 32901 Listing by Karen L Brown
Unit for rent at 1087 Creel Street, Melbourne, FL, 32935

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,714 ft²
1087 Creel Street, Melbourne, FL, 32935 Listing by Amanda Moyles Gonnella

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Judith Kaiser, One Sotheby's Inter Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 688437
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 628 Wisteria Drive built and last sold?
The property at 628 Wisteria Drive was built in 1956 and last sold on Apr 25, 2014 for $50,000.
How much is this home worth?
The estimated value of the home located at 628 Wisteria Drive is $0.
What are some comparable homes to 628 Wisteria Drive?
There are currently no comparable homes to 628 Wisteria Drive.
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