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Viera West 32940 Heritage Isle
7150 Ralston Street
Photo of 7150 Ralston Street
Sold on Jan 31, 2024

1

Map

$380,000
● House - Off Market

7150 Ralston Street

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,523 Ft²
$2,926
Est. Monthly
$1,059
HOA / Fees
3.83%
Cap Rate

About This Property

COMP PURPOSES ONLY. 3 Bedroom 2 bath Half Duplex with 2 car Garage in the Premier 55+ gated community of Heritage Isle. Heritage Isle presents a sprawling Clubhouse campus with a delightful onsite cafe, a resort-style pool, tennis courts, pickleball, bocce ball, and more. Care-free
Unit Size
1,523 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$250
Property Type
House
Property Taxes
-
HOA Dues
$1,059
Year Built
2012

Payment Calculator

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Cap Rate Calculator

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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: 4 months ago (Space Coast MLS #1003609)

Price History

Date / Event Date Event Price
Jan 31, 2024 Listed by Non-MLS or Out of Area $380,000
Listed by Non-MLS or Out of Area
Jan 31, 2024 Sold
Premium
Sold
Sep 5, 2012 Sold
Premium
Sold
May 14, 2012 Listed by Non-MLS or Out of Area $167,683
Listed by Non-MLS or Out of Area
Mar 1, 2012 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2017
  • 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: 31
  • 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: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 510
  • Total Building Area: 2,145
  • Gross Building Area: 2,145
  • Building Area: 1,523
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,523
  • 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 4
  • Land Acres: 0000000140
  • Standard Land Use Code: 1101
  • County Land Use Code: 0121
  • State Land Use Code: 001
  • Legal Description 1: HERITAGE ISLE P.U.D. PHASE 4 LOT 14 BLK J

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 54 PG 36
  • Account Number: 2628874
  • Subdivision Phase Number: 4
  • Parcel: 26-36-08-52-0000J.0-0014.00
  • Block: J
  • Lot: 14
  • Meridian: SEC 08 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2325
  • Longitude: -80.7493

    Address

  • Full Address: 7150 Ralston St
  • Address - House Number: 7150
  • Address - Street Name: Ralston
  • Address - Suffix Type: St
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R083
  • 4-Digit Zip Code: 5950
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 1,833
  • Tax Year: 2022
  • Tax Amount: $272,834
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 408,738
  • High Value: 482,695
  • Low Value: 334,782

    Market Valuation

  • Market Total Value: $282,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $143,180

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20485
  • Previous Sale Recording Date: Sep 05, 2012
  • Previous Sale Contract Date: Aug 31, 2012
  • Previous Sale Amount: $168,500
  • 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

1797 ft²

Average Home Age

18.7 years

Currently For Sale

14 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 2490 Treasure Cay Lane, Melbourne, FL, 32940

$2,650 /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: Private Sale, Non-MLS or Out of Area
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 1003609
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 7150 Ralston Street built and last sold?
The property at 7150 Ralston Street was built in 2012 and last sold on Jan 31, 2024 for $380,000.
How much is this home worth?
The estimated value of the home located at 7150 Ralston Street is $0.
What are some comparable homes to 7150 Ralston Street?
There are currently no comparable homes to 7150 Ralston Street.
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