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Brevard 32940
7606 Millbrook Avenue
Photo of 7606 Millbrook Avenue
Sold on May 23, 2022

1

Map

$678,000
● House - Off Market

7606 Millbrook Avenue

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,278 Ft²
$683,278
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

For comp purposes only
Unit Size
2,278 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$298
Property Type
House
Property Taxes
$23
HOA Dues
$481
Year Built
2020

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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: 2 months ago (Space Coast MLS #936160)

Price History

Date / Event Date Event Price
May 24, 2022 Sold
Premium
Sold
Apr 23, 2022 No longer available -
No longer available
Apr 22, 2022 Listed by Non-MLS or Out of Area $678,000
Listed by Non-MLS or Out of Area
Apr 11, 2022 Listed by Non-MLS or Out of Area $750,000
Listed by Non-MLS or Out of Area
Dec 29, 2020 Sold
Premium
Sold

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 749
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 3,241
  • Gross Building Area: 3,241
  • Building Area: 2,278
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,278
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRASONA AT ADDISON VILLAGE PHASE 8
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • Legal Description 1: TRASONA AT ADDISON VILLAGE PHASE 8 LOT 13 BLK HH

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071353

Geography

  • Assessors Map Reference: MB 65 PG 73
  • Account Number: 3017953
  • Subdivision Phase Number: 8
  • Parcel: 26-36-17-50-000HH.0-0013.00
  • Block: HH
  • Lot: 13
  • Meridian: SEC 17 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2237
  • Longitude: -80.7486

    Address

  • Full Address: 7606 Millbrook Ave
  • Address - House Number: 7606
  • Address - Street Name: Millbrook
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R007
  • 4-Digit Zip Code: 8329
  • Zip Code: 32940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $516,135
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 666,305
  • High Value: 786,865
  • Low Value: 545,745

    Market Valuation

  • Market Total Value: $470,430

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $405,150

    Sales

  • Current Sale Contract Date: May 19, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 130944
  • Previous Sale Recording Date: Dec 29, 2020
  • Previous Sale Contract Date: Dec 29, 2020
  • Previous Sale Amount: $484,800
  • 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 Brevard

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$216

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1828 ft²

Average Home Age

29.7 years

Currently For Sale

5396 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: Non-Member Non-Member Out Of Area, Non-MLS or Out of Area
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 936160
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 7606 Millbrook Avenue built and last sold?
The property at 7606 Millbrook Avenue was built in 2020 and last sold on May 19, 2022 for $678,000.
How much is this home worth?
The estimated value of the home located at 7606 Millbrook Avenue is $0.
What are some comparable homes to 7606 Millbrook Avenue?
There are currently no comparable homes to 7606 Millbrook Avenue.
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