$421,500
●
House -
Off Market
660 Martello Way
Melbourne, FL 32901
3 Beds
2 Baths
1,937 Ft²
$454,652
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Beautiful Key West style home in 55 plus gated community with lots
to offer. Home features a Large Front Porch overlooking the
Lake with a beautiful fountain view. Inside you will notice 10 Ft
tall ceilings ,custom key west style paint job and beautiful tile
throughout this entire home . This stunning chefs kitchen boasts
Solid Maple Tuscany Glazed Soft Close Cabinets with Crown
Molding, Granite counter tops Oversized Island with lots of
Storage, Breakfast Bar, Tumbled Stone Backsplash, SS Appliances &
huge Breakfast Nook. No expense spared when putting this home
together, notice the custom built blinds ,rounded corners, crown
molding , upgraded lighting and the list could go on and on. Don't
MISS OUT ON THIS JEWEL
Unit Size
1,937 Ft²
Days on Market
84 days
Land Size
0.11 acres
Price per sqft
$224
Property Type
House
Property Taxes
$243
HOA Dues
$200
Year Built
2017
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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 #938879)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2022 | Sold | ||
| Sold | |||
| Oct 4, 2022 | No longer available | - | |
| No longer available | |||
| Jun 27, 2022 | Listed by PREMIUM PROPERTIES R.E SERVICE | $439,900 | |
| Listed by PREMIUM PROPERTIES R.E SERVICE | |||
| | |||
|
Beautiful Key West style home in 55 plus gated community with lots to offer.Home features a Large Front Porch overlooking Lake with a beautiful fountain view. inside you will notice Extra tall ceilings,custom key west style paint job and beautiful tile throughout this entire home.This stunning chiefs kitchen boasts Solid Maple Tuscany Glazed Soft Close Cabinets with Crown Molding, Granite counter tops Oversized Island with lots of Storage, Breakfast Bar, Tumbled Stone Backsplash, SS Appliances & huge Breakfast Nook. No expense spared when putting this home together, notice the custom built blinds,rounded corners, crown molding,upgraded lighting and the list could go on and on. Don't MISS OUT ON THIS JEWELDirections: Palm Bay Rd. left on Stack Blvd. to left on Alamanda Key, Right at Gate, Left on Martello, Home is down on Right The manager has listed the unit size as 1937 square feet.
| |||
| Jun 17, 2022 | No longer available | - | |
| No longer available | |||
| Jun 5, 2022 | Price Decreased |
$449,900
↓ $19K
(4.1%) | |
| Price Decreased | |||
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Property Highlights
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Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
Beds
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ft²
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About Alamanda Key
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Listed by: Mitchell Thomas Skubak, Premium Properties Real Estate
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 938879
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# 938879
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