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Brevard 32940 Suntree
703 Turnberry Drive
Photo of 703 Turnberry Drive
Sold on Jun 27, 2016

1

Map

$289,000
● House - Off Market

703 Turnberry Drive

Melbourne, FL 32940
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,910 Ft²
$490,567
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Great home, great location and great price for this beautifully updated 4 bedroom 2 bath pool home in the heart of Suntree. Many updates throughout including new roof in 2013, new kitchen, new interior doors, paint, flooring, new laundry room and all new landscaping, rear pergola and sitting area. Lovely pool with new variable speed pool pump 2016.
Unit Size
1,910 Ft²
Days on Market
32 days
Land Size
0.26 acres
Price per sqft
$151
Property Type
House
Property Taxes
$181
HOA Dues
$20
Year Built
1978

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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: 2 months ago (Space Coast MLS #755511)

Price History

Date / Event Date Event Price
Jul 1, 2016 Sold
Premium
Sold
May 25, 2016 Listed by One Sotheby's Inter Realty $289,000
Listed by One Sotheby's Inter Realty
Nov 6, 2013 Sold
Premium
Sold
Aug 30, 2013 Listed by One Sotheby's Inter Realty $209,900
Listed by One Sotheby's Inter Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 7
  • 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: 483
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,494
  • Gross Building Area: 2,494
  • Building Area: 1,953
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,953
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNTREE P.U.D. STAGE 4 TRACT D
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SUNTREE P.U.D. STAGE 4 TRACT D LOT 15 BLK 1

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064128

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 239
  • Account Number: 2602964
  • Subdivision Tract Number: D
  • Parcel: 26-36-13-27-00001.0-0015.00
  • Block: 1
  • Lot: 15
  • Meridian: SEC 13 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2283
  • Longitude: -80.6859

    Address

  • Full Address: 703 Turnberry Dr
  • Address - House Number: 703
  • Address - Street Name: Turnberry
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R049
  • 4-Digit Zip Code: 7808
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,225
  • Tax Year: 2022
  • Tax Amount: $328,363
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 530,528
  • High Value: 632,865
  • Low Value: 428,191

    Market Valuation

  • Market Total Value: $359,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $264,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2016
  • Current Sale Recording Date: Jul 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016127774
  • Previous Sale Recording Date: Nov 06, 2013
  • Previous Sale Contract Date: Oct 24, 2013
  • Previous Sale Amount: $195,000
  • 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 Suntree

Stats & Trends

Median Asking:

$444,900

Sale Price/ft²

$239

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1697 ft²

Average Home Age

42.8 years

Currently For Sale

17 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 1385 Fuji Drive, Melbourne, FL, 32940

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,770 ft²
1385 Fuji Drive, Melbourne, FL, 32940 Listing by Jennifer Marin

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Deborah C Schmid, One Sotheby's Inter Realty
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 755511
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 703 Turnberry Drive built and last sold?
The property at 703 Turnberry Drive was built in 1978 and last sold on Jun 27, 2016 for $289,000.
How much is this home worth?
The estimated value of the home located at 703 Turnberry Drive is $291,890.
What are some comparable homes to 703 Turnberry Drive?
There are currently no comparable homes to 703 Turnberry Drive.
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