10
Map
$55,000
●
House -
Off Market
725 Lund Circle
Melbourne, FL 32901
3 Beds
2 Baths
1,296 Ft²
$97,328
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model
About This Property
Ever dream of being minutes from major shopping, and dining areas,
as well as minutes from the beach? Then search no further.
Featuring formal dining and living areas, and a kitchen with lots
of storage! Master suite offers a private bath. Covered, screened
in
patio overlooks a large backyard with detached utility shed. Property is sold ''AS-IS'' including any existing appliances, plumbing, heating/air conditioning/ electrical systems. The date the property is listed is counted as Day 1. Calendar Days 1-7:All offers will be rejected. We want REO's to have exposure to the market and potential buyers. The date the property is listed is counted as Day 1. Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence and investors. Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence and investors. Calendar Days 16+: We will entertain offers from all buyers once any offers received during days 8-15 have been fully vetted. Buyer to inspect the property (5) days prior to closing to determine the property is in the same condition as when'||chr(10)||'the offer was executed.
patio overlooks a large backyard with detached utility shed. Property is sold ''AS-IS'' including any existing appliances, plumbing, heating/air conditioning/ electrical systems. The date the property is listed is counted as Day 1. Calendar Days 1-7:All offers will be rejected. We want REO's to have exposure to the market and potential buyers. The date the property is listed is counted as Day 1. Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence and investors. Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence and investors. Calendar Days 16+: We will entertain offers from all buyers once any offers received during days 8-15 have been fully vetted. Buyer to inspect the property (5) days prior to closing to determine the property is in the same condition as when'||chr(10)||'the offer was executed.
Unit Size
1,296 Ft²
Days on Market
50 days
Land Size
0.20 acres
Price per sqft
$39
Property Type
House
Property Taxes
$37
HOA Dues
-
Year Built
1957
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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 #677785)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 17, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by One Sotheby's Inter Realty | $179,000 | |
| Listed by One Sotheby's Inter Realty | |||
| | |||
|
NEW ROOF 2021! This 3 bedroom, 2 bath home in Magnolia Manor has been updated and is ready for you to move in. Large neutral tile throughout...no carpet! Fully updated kitchen; quality cabinetry with soft close drawers and pull-out shelves; granite countertops, smooth-top stove and task lighting. Master bath also fully remodeled and the guest bath has new cabinetry, lighting and toilet. Enjoy the screened porch for your morning coffee. Large shed for storing lawn equipment, tools and extra stuff. 2018 hot water heater, 2013 A/C, 2013 new electric panel. Interior plumbing has been replaced. No HOA. All appliances convey.
| |||
| Mar 1, 2021 | In contract | - | |
| In contract | |||
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About Magnolia Manor
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Listed by: Jeffrey Perry, Florida Realty Results, LLC
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 677785
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: 4 months ago
Data Source: Space Coast MLS, MLS# 677785
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Phone: 425-283-2930
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