$500,000
●
House -
Off Market
8033 Old Tramway Drive
Melbourne, FL 32940
5 Beds
3 Baths,
2
Half Baths
3,227 Ft²
$803,240
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
5 bd executive golf front pool home with tile roof in move in
condition! Stunning Baytree home overlooking award winning Gary
Player Signature Golf Course next to golf path for quick and easy
clubhouse access. This spacious Bergoon-Berger Model includes 5
bedrooms (master on main floor), 3 full bathrooms, 2 half bathrooms
and 3 living areas. The gorgeous kitchen has a center island,
stainless steel appliances, granite counter tops and opens up to
the large family room and outdoor area. Upstairs large balcony
overlooking golf course with amazing views. This prestigious
gated golf community is located in the heart of Suntree near Viera
and the beaches. Amenities include tennis courts, bocce ball, a
community pool and a full service clubhouse and pro shop.
Don't let this one slip away!
Unit Size
3,227 Ft²
Days on Market
74 days
Land Size
0.26 acres
Price per sqft
$164
Property Type
House
Property Taxes
$579
HOA Dues
$8
Year Built
2001
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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 #809452)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2025 | Listed | $989,000 | |
| Listed | |||
| | |||
|
Welcome to Baytree & Your New Home. This 5 Bedroom Executive Golf Front Pool Home With Tile Roof That is in Move-In Condition is Awaiting You. Stunning Baytree Home That Overlooks The Award Winning Gary Player Signature Golf Course Next to The Golf Path For Quick & Easy Clubhouse Access. So Many Upgrades Have Been Done To The Home To Include Completely Remodeled Kitchen, Updated Appliances, Wood Flooring, Laundry Room, Lighting Throughout, Ceiling Fans, & so Much More. 5 Bedrooms (Master on Main Floor w/Own Entrance to the Pool), 3 Full Bathrooms, 2 Half Bathrooms & 3 Living Areas. The Gorgeous Kitchen Has a Center Island, Stainless Steel Appliances, Quartz Countertops & Opens to The Family Room & Outdoor Pool Laini Upstairs Offers Large Balcony Overlooking The Golf Course w/Amazing Views, Plus a Flex Space, 4 Bedrooms & 2 Remodeled Guest Bathrooms. This Prestigious Gated Community is Located Just Minutes to Viera, All Shopping, Dining, Minutes to The Beaches & so Much More.
| |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 18, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $529,900 | |
| Listed | |||
| | |||
|
Call listing agents Brad Fairman or Chris Bear at 321-722-7935 or email us at [email protected] for more info. The manager has listed the unit size as 3227 square feet.
| |||
| Mar 31, 2018 | Listed by EXP Realty LLC | $529,900 | |
| Listed by EXP Realty LLC | |||
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Property Highlights
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About Baytree
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Listed by: Brad Fairman, EXP Realty LLC
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 809452
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# 809452
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