63
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$477,000
●
House -
Off Market
6420 South Drive
Melbourne Village, FL 32904
4 Beds
4 Baths
2,854 Ft²
$606,432
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
You'll love this beautifully appointed home ideally situated
backing to a beautiful wooded area. Covered entry with gorgeous
tongue and groove wood ceiling leads to dbl doors opening to tile
plank flooring and a large living area. Eat-in kitchen with tons of
cabinets, soft close drawers, 48'' double oven range, SS
dishwasher, granite counters. Owners suite feat. 7 1/4'' baseboards, Plank tile flooring and is large enough to
accommodate a king size bed and still have a sitting area! Large
private office off master bedroom with French doors to its own
screen porch also with T&G ceiling. In addition to the large
living area off the kitchen, there's also a spacious family room!
Lots of high end finishes abound- travertine flooring, crown
molding, oversized base etc. You won't be disappointed!
disappointed!
Unit Size
2,854 Ft²
Days on Market
21 days
Land Size
0.69 acres
Price per sqft
$164
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
2007
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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: 4 months ago (Space Coast MLS #893851)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2021 | Sold | ||
| Sold | |||
| Jan 8, 2021 | Listed by Karr Professional Group P.A. | $467,000 | |
| Listed by Karr Professional Group P.A. | |||
| Aug 11, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $415,000 | |
| Listed | |||
| | |||
|
Beautiful upscale home in sought after Melbourne Village, a rural residential area, yet immediately adjacent to Melbourne and West Melbourne. The Melbourne Airport, Oaks Theater and Publix are within miles, Target and Home Depot, a half mile. House has two huge custom porches with touches seldom found, in the past or present. The porch floors are tiled, the columns and windows are architecturally trimmed, the ceilings are stained and sealed cypress wood. Outdoor ceiling fans and external lights provide ambiance for 24 hour enjoyment. One of them is even screened! Home is beautifully landscaped and secluded. Many extras.. Please call for details and showings:Anita IannuzziRE/MAX [email protected] manager has listed the unit size as 2949 square feet.
| |||
| Jan 24, 2017 | Listed by Karr Professional Group P.A. | $415,000 | |
| Listed by Karr Professional Group P.A. | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Melbourne Village
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Currently no similar homes aroundNearby Rentals
Listed by: Richard Karr, Karr Professional Group P.A.
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 893851
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: 4 months ago
Data Source: Space Coast MLS, MLS# 893851
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