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Viera West 32940 Heritage Isle
6955 Renshaw Drive
Photo of 6955 Renshaw Drive
Sold on Mar 16, 2018

1

Map

$265,000
● House - Off Market

6955 Renshaw Drive

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,768 Ft²
$410,366
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Home is under contract. No showings
Unit Size
1,768 Ft²
Days on Market
39 days
Land Size
-
Price per sqft
$150
Property Type
House
Property Taxes
-
HOA Dues
$311
Year Built
2005

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #804448)

Price History

Date / Event Date Event Price
Mar 19, 2018 Sold
Premium
Sold
Feb 4, 2018 Listed by RE/MAX Solutions $265,000
Listed by RE/MAX Solutions
Apr 21, 2014 Sold
Premium
Sold
Mar 11, 2014 Listed by RE/MAX Solutions $205,000
Listed by RE/MAX Solutions

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,558
  • Gross Building Area: 2,558
  • Building Area: 1,784
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,784
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE ISLE P.U.D. PHASE 1
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: HERITAGE ISLE P.U.D. PHASE 1 LOT 2 BLOCK J

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071201

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 50 PG 61
  • Account Number: 2626545
  • Subdivision Phase Number: 1
  • Parcel: 26-36-08-75-0000J.0-0002.00
  • Block: J
  • Lot: 2
  • Meridian: SEC 08 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2349
  • Longitude: -80.7447

    Address

  • Full Address: 6955 Renshaw Dr
  • Address - House Number: 6955
  • Address - Street Name: Renshaw
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: H010
  • 4-Digit Zip Code: 6655
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,172
  • Tax Year: 2022
  • Tax Amount: $389,376
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.2429
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 460,530
  • High Value: 572,419
  • Low Value: 348,642

    Market Valuation

  • Market Total Value: $321,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $228,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 16, 2018
  • Current Sale Recording Date: Mar 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018059710
  • Previous Sale Recording Date: Apr 21, 2014
  • Previous Sale Contract Date: Apr 04, 2014
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Heritage Isle

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$218

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1793 ft²

Average Home Age

18.5 years

Currently For Sale

13 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1143 Egret Lake Way, Melbourne, FL, 32940

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,847 ft²
1143 Egret Lake Way, Melbourne, FL, 32940 Listing by Jack A Maggard
Unit for rent at 2490 Treasure Cay Lane, Melbourne, FL, 32940

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,565 ft²
2490 Treasure Cay Lane, Melbourne, FL, 32940 Listing by Bryant Dorricott

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Joy Frankel, RE/MAX Solutions
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 804448
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.

Frequently Asked Questions

When was property at 6955 Renshaw Drive built and last sold?
The property at 6955 Renshaw Drive was built in 2005 and last sold on Mar 16, 2018 for $265,000.
How much is this home worth?
The estimated value of the home located at 6955 Renshaw Drive is $273,138.
What are some comparable homes to 6955 Renshaw Drive?
There are currently no comparable homes to 6955 Renshaw Drive.
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