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Grant-Valkaria 32949 Grant Island Estates
8 Grant Island
Photo of 8 Grant Island
Sold on Mar 16, 2018

2

Map

Photo of 8 Grant Island
$125,000
● Land - Off Market

8 Grant Island

Grant, FL 32949
bedrooms
Studio
bathrooms
0 Bath
$224,540
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Unbelievable opportunity to own over an acre direct river front on a private island! Build the house of your dreams! Grant Island Estates is located in the Indian River approximately 5 miles north of the Sebastian Inlet.
Unit Size
-
Days on Market
86 days
Land Size
1.05 acres
Price per sqft
-
Property Type
Land
Property Taxes
$214
HOA Dues
-
Year Built
-

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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: 6 months ago (Space Coast MLS #800813)

Price History

Date / Event Date Event Price
Mar 16, 2018 Sold
Premium
Sold
Dec 20, 2017 Listed by Dale Sorensen Real Estate Inc. $145,000
Listed by Dale Sorensen Real Estate Inc.

Property Highlights

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Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grant Island Estates

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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 272 Aquarina Boulevard, Melbourne Beach, FL, 32951

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,630 ft²
272 Aquarina Boulevard #272, Melbourne Beach, FL, 32951 Listing by Kurt F. Luft
Unit for rent at 19 Vip Island, Grant-Valkaria, FL, 32949

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,103 ft²
19 Vip Island #A, Grant-Valkaria, FL, 32949 Listing by Lauren Merrell PA
Unit for rent at 117 Fontaine Street, Melbourne Beach, FL, 32951

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,094 ft²
117 Fontaine Street, Melbourne Beach, FL, 32951 Listing by Maria A Malinowska

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Lauren Merrell PA, Dale Sorensen Real Estate Inc.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 800813
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 8 Grant Island built and last sold?
The property at 8 Grant Island was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Grant Island is $0.
What are some comparable homes to 8 Grant Island?
There are currently no comparable homes to 8 Grant Island.
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