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Viera West 32940 Heritage Isle
7231 Ralston Street
Photo of 7231 Ralston Street
Sold on Jan 3, 2019

60

Map

Photo of 7231 Ralston Street
Photo of 7231 Ralston Street
$271,000
● House - Off Market

7231 Ralston Street

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,815 Ft²
$417,762
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

One of a kind.. former model, lots of upgrades in this exclusive over 55+ community. Open floor plan allows for great entertaining, lots of natural light, landscaped privacy on the large screened porch. A kitchen for the most discerning chef: island with storage U& Electric, addition cabinetry, pantry, wine storage, granite counters, double deep sink, under counter lightening, Stainless Steel appliance.  Well sized guest rooms. 3rd room has built in professional artistic closets installed. Large Master suite with access to the patio, Roman walk shower with glass enclosure, Dble sinks, extensive vanity area, addn'l cabinetry all with granite counters. Professional shelving/drawer system in master walk in closet., sun tunnels, Even the laundry room has upgraded closet system Act now!
Unit Size
1,815 Ft²
Days on Market
62 days
Land Size
0.15 acres
Price per sqft
$151
Property Type
House
Property Taxes
$239
HOA Dues
$295
Year Built
2011

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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 #828680)

Price History

Date / Event Date Event Price
Jan 7, 2019 Sold
Premium
Sold
Oct 31, 2018 Listed by Harrell Real Estate $274,900
Listed by Harrell Real Estate
Apr 29, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2011
  • 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: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,481
  • Gross Building Area: 2,481
  • Building Area: 1,815
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,815
  • 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: 0000000150
  • 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 3 BLK C

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 54 PG 36
  • Account Number: 2628789
  • Subdivision Phase Number: 4
  • Parcel: 26-36-08-52-0000C.0-0003.00
  • Block: C
  • Lot: 3
  • Meridian: SEC 08 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2313
  • Longitude: -80.749

    Address

  • Full Address: 7231 Ralston St
  • Address - House Number: 7231
  • Address - Street Name: Ralston
  • Address - Suffix Type: St
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R083
  • 4-Digit Zip Code: 5953
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,156
  • Tax Year: 2022
  • Tax Amount: $403,822
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 463,513
  • High Value: 555,125
  • Low Value: 371,900

    Market Valuation

  • Market Total Value: $328,390

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $244,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 03, 2019
  • Current Sale Recording Date: Jan 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019003133
  • Previous Sale Recording Date: Apr 29, 2011
  • Previous Sale Contract Date: Apr 20, 2011
  • Previous Sale Amount: $210,300
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

$217

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 2640 Treasure Cay Lane, Melbourne, FL, 32940

$2,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,565 ft²
2640 Treasure Cay Lane, Melbourne, FL, 32940 Listing by Rula Kakish Rukab
Unit for rent at 2087 Deercroft Drive, Melbourne, FL, 32940

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,506 ft²
2087 Deercroft Drive, Melbourne, FL, 32940 Listing by John G Blake

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Maureen G Harrell, Harrell Real Estate
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 828680
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 7231 Ralston Street built and last sold?
The property at 7231 Ralston Street was built in 2011 and last sold on Jan 3, 2019 for $271,000.
How much is this home worth?
The estimated value of the home located at 7231 Ralston Street is $285,225.
What are some comparable homes to 7231 Ralston Street?
There are currently no comparable homes to 7231 Ralston Street.
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