$315,000
●
House -
Off Market
695 Brockton Way
Melbourne, FL 32904
3 Beds
2 Baths
1,624 Ft²
$365,772
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Live and enjoy the Florida Lifestyle Living in this 55+ community
of Compass Pointe in West Melbourne. Custom-built 3BR/2BA home w/
9.4 ft ceilings, rounded corners, arches, and a transom window
above the front door. You will appreciate the spacious kitchen and
the lovely breakfast nook w/ views of the pond from the bay window.
Other great features include the New ROOF in 2021, Accordion
hurricane shutters, and a screened patio that overlooks the larger
spacious backyard. Compass Pointe offers many amenities, including
a heated pool/spa, fitness room, clubhouse, putting green &
shuffleboard. Close proximity to shopping, restaurants, 7 miles to
the beaches, easy access I-95 & more.
Unit Size
1,624 Ft²
Days on Market
38 days
Land Size
0.09 acres
Price per sqft
$200
Property Type
House
Property Taxes
$23
HOA Dues
$195
Year Built
2003
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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 #916309)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Sep 7, 2025 | Price Decreased |
$319,900
↓ $15K
(4.5%) | |
| Price Decreased | |||
| Jul 10, 2025 | Listed by Real Broker, LLC | $334,900 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Motivated Sellers say bring an offer ! Are you looking for carefree Florida living in a beautiful sought after 55+ community in West Melbourne? This is the home for you! This beautiful custom built (Neptune model) 3 bedroom, 2 bath home is move in ready. Spacious kitchen featuring a breakfast nook with bay window leading to tranquil pond views. 9 foot souring ceilings and easy flow floor plan. Screened back porch overlooking backyard for peaceful morning coffee or relaxing afternoons. Accordion hurricane shutters for added protection as well. This community offers many amenities such as heated pool/spa, fitness room, clubhouse, putting green & shuffleboard. Lawncare & landscaping are also included in low monthly HOA fee. Short drive to lots of shopping & restaurant choices, our local river or beautiful beaches.
Roof age 2021. Make your appointment to see this lovely home in person.
| |||
| Oct 28, 2021 | Sold | ||
| Sold | |||
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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 Compass Pointe
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Listed by: Misty A Morrison, RE/MAX Alternative Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 916309
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# 916309
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