$242,800
●
House -
Off Market
647 Brockton Way
West Melbourne, FL 32904
3 Beds
2 Baths
1,984 Ft²
$392,316
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Beautiful lakefront home in the desirable 55+ gated community,
Compass Pointe. This Tahitian style home offers a spacious floor
plan with vaulted ceilings and brand new, wood-like plank tiling
throughout. The large kitchen features corian countertops, a
breakfast bar and maple wood cabinets. The master bedroom has
double sinks, a garden tub, shower and walk-in closet. The screened
back porch will allow you to enjoy the views of wildlife and the
peaceful lake. Also featured, is a new Trane A/C (2014) and 50 gal.
water heater (2015). Home provides security with accordion
shutters. Two-car garage has a roll down screen door providing
great airflow. Compass Pointe offers many clubhouse amenities
including: shuffle board courts, putting green, and pool. Lawn
maintenance included.
Unit Size
1,984 Ft²
Days on Market
37 days
Land Size
0.08 acres
Price per sqft
$122
Property Type
House
Property Taxes
$132
HOA Dues
$140
Year Built
2002
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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 #779882)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Listed by Legacy Real Estate Partners | $330,000 | |
| Listed by Legacy Real Estate Partners | |||
| | |||
|
Welcome to this charming 3-bedroom, 2-bath home perfectly situated in a highly sought-after 55+ gated community in West Melbourne. Enjoy peaceful mornings in the screened Florida room overlooking the tranquil pond. The home is designed with comfort and convenience in mind, featuring impact windows and accordion shutters on non-impact porch windows. Inside, the master suite offers a spacious walk-in closet, a walk-in shower, and a separate garden tub for relaxation. Tile flooring runs throughout the home, adding easy care and style. The spacious 2-car garage includes a roll-down screen, perfect for enjoying fresh air while keeping the space functional. Beyond your front door, indulge in some great community amenities including a heated screened pool, spa/hot tub, clubhouse, fitness center, shuffleboard, and putting green—all with lawn care included in the HOA so you'll have more time for fun and relaxation! Just minutes from shopping, restaurants, and a short drive to the beach.
| |||
| May 17, 2017 | Sold | ||
| Sold | |||
| Apr 4, 2017 | Listed by Coldwell Banker Realty | $242,800 | |
| Listed by Coldwell Banker Realty | |||
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Property Highlights
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Air Conditioning
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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 Compass Pointe
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Listed by: Keith Carroll, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 779882
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# 779882
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