$299,000
●
House -
Off Market
7795 Winona Road
Melbourne Beach, FL 32951
2 Beds
2 Baths
900 Ft²
$437,666
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Come fall in love with this renovated beach house, located steps
from beach access! Double lot with established plantings provide
for a very private setting. Detached 600 sf 2 car garage has guest
room with full bath. Roof and rated skylights new in 2017,
stainless appliances and water heaters new in 2018. New in 2019:
complete HVAC system, interior and exterior paint, rated garage
door with wifi enabled opener, interior lighting and ceiling fans,
bathroom vanity, septic pumped, inspected and certified. Private
beach & river access with a fishing pier & small boat storage
available via optional HOA. Surfing, fishing & boating paradise
just minutes away from Sebastian Inlet. Best neighborhood in
Melbourne Beach!
Unit Size
900 Ft²
Days on Market
35 days
Land Size
0.26 acres
Price per sqft
$332
Property Type
House
Property Taxes
$251
HOA Dues
$10
Year Built
1983
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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: 5 months ago (Space Coast MLS #858356)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2019 | Sold | ||
| Sold | |||
| Oct 16, 2019 | Listed by Dale Sorensen Real Estate Inc. | $299,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Dec 8, 2015 | Sold | ||
| Sold | |||
| May 9, 2014 | Listed by Melbourne Beach Properties,Inc | $189,000 | |
| Listed by Melbourne Beach Properties,Inc | |||
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Property is located in very desirable community of Homer Rodeheaver Resubd with wonderful river park, fishing dock and canoe/kayak storage. Seller leaving home partially furnished. There are 2 bedrooms in main house and 1 full bath. Inside laundry room with washer and dryer. Detached garage has partial living area with full bath that can easily be converted into guest room or hobby room. Property may need new roof and A/C repair. Some Repairs also needed to wrap-around porch. Detached garage is large enough to be a 2 car garage, but has a single garage door. One time $1,000 initiation fee to join home owners association and $125 yearly fee for use of both river and ocean access.
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Brevard
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Listed by: Tracy Warren, Dale Sorensen Real Estate Inc.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 858356
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: 5 months ago
Data Source: Space Coast MLS, MLS# 858356
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