$407,000
●
House -
Off Market
653 Brockton Way
Melbourne, FL 32904
3 Beds
2 Baths
1,948 Ft²
$2,279
Est. Monthly
$241
HOA / Fees
4.94%
Cap Rate
About This Property
Welcome to your Waterfront Sanctuary in Compass Pointe, located in
West Melbourne. A vibrant, active adult gated community. This
3BD/2BA home embodies elegance & functionality. The light & bright
interior has vaulted ceilings, solar tubes, LVP flooring, and tile.
You'll appreciate the all-white kitchen w/ Dolomite ( leather)
stone countertops, a spacious island & a double pantry. The primary
bathroom offers an updated soaking tub & tiled walk-in shower, &
double vanities. Step onto the screened lanai for serene water
views, a perfect backdrop for relaxation. Updates are NEW ROOF in
2023 w/ new gutters w/pop drainage,w/ energy-efficient new solar
fans in the attic. Enjoy the amenities, including a screened heated
pool & spa, bocce ball, shuffleboard, putting green & organized
activity. Conveniently located & close to shopping, restaurants,
beaches, and more, this home offers a blend of luxury, comfort, and
accessibility.
Unit Size
1,948 Ft²
Days on Market
88 days
Land Size
0.08 acres
Price per sqft
$213
Property Type
House
Property Taxes
-
HOA Dues
$241
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: 6 months ago (Space Coast MLS #1003780)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Listed by Ohana East Coast Realty | $360,000 | |
| Listed by Ohana East Coast Realty | |||
| | |||
|
Welcome to your Waterfront Home in the gated 55+ community of Compass Pointe. This 3BD/2BA move-in ready home has been updated throughout. Enjoy the updated kitchen with 42'' white cabinets, appliances and an enlarged pantry. The flooring has been updated throughout with Luxury Vinyl Plank for easy maintenance and beauty. This home was upgraded with all new accordion shutters throughout. Both bathrooms have beautifully upgraded seamless glass showers and updated fixtures. The open floorplan of this home offers water views from the kitchen, family room, primary bedroom and welcoming screened lanai. The 2023 roof and gutters add an additional layer of comfort. Enjoy the community amenities, including a screen heated pool and spa, bocce ball, putting green, shuffleboard and organized activities. Conveniently located to shopping, dining and the beaches.
| |||
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by Misty Morrison Real Estate | $415,000 | |
| Listed by Misty Morrison Real Estate | |||
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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: Misty A Morrison, Misty Morrison Real Estate
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1003780
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: 6 months ago
Data Source: Space Coast MLS, MLS# 1003780
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