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Indian River 32967
8325 101st Avenue
$245,000
● House - Off Market

8325 101st Avenue

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,636 Ft²
$1,398
Est. Monthly
8.58%
Cap Rate

About This Property

As is Cash deal only!! Beautiful 3/2 single family home with updated kitchen, In Vero Lake Estates. Great Opportunity to get in. Roomy ranch on oversized corner lot. Needs some TLC and may need a new roof and a/c repair. There is a granite enhanced newer kitchen. Must see. All reasonable offers considered. Close to I95.
Unit Size
1,636 Ft²
Days on Market
55 days
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
2003

Payment Calculator

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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 years ago (Indian River #282135)

Price History

Date / Event Date Event Price
Dec 10, 2024 Sold
Premium
Sold
Nov 6, 2024 In contract -
In contract
Oct 16, 2024 Listed by Mac Evoy Real Estate Co $269,000
Listed by Mac Evoy Real Estate Co
Dec 2, 2003 Sold
Premium
Sold
Jun 16, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,056
  • Gross Building Area: 2,056
  • Building Area: 1,636
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,636
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VERO LAKE ESTATES UNIT J
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: VERO LAKE ESTATES UNIT J BLK N LOTS 7 & 8 PBI 5-76

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050903

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 31-38-33-00001-0140-00007.0
  • Block: N
  • Lot: 7,8
  • Meridian: SEC 33 TWN 31S RNG 38E
  • Municipality: UNINCORPORATED
  • Latitude: 27.7457
  • Longitude: -80.5341

    Address

  • Full Address: 8325 101st Ave
  • Legal Unit: J
  • Address - House Number: 8325
  • Address - Street Name: 101st
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R051
  • 4-Digit Zip Code: 2868
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 1,866
  • Tax Year: 2022
  • Tax Amount: $88,488
  • Tax Rate Code Area: 3C

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 361,951
  • High Value: 430,116
  • Low Value: 293,786

    Market Valuation

  • Market Total Value: $247,477
  • Market Land Value: $40,800
  • Market Improvement Value: $206,677

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,129

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2003
  • Current Sale Recording Date: Dec 02, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 16, 2003
  • Previous Sale Contract Date: Apr 08, 2003
  • Previous Sale Amount: $12,100
  • 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 Indian River

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$229

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1970 ft²

Average Home Age

28.4 years

Currently For Sale

1526 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 141 Morgan Circle, Sebastian, FL, 32958

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,931 ft²
141 Morgan Circle, Sebastian, FL, 32958 Listing by Diana Burklew

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Bonnie L Stauber, Mac Evoy Real Estate Co
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 282135
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 8325 101st Avenue built and last sold?
The property at 8325 101st Avenue was built in 2003 and last sold on Nov 18, 2003 for $115,200.
How much is this home worth?
The estimated value of the home located at 8325 101st Avenue is $278,346.
What are some comparable homes to 8325 101st Avenue?
There are currently no comparable homes to 8325 101st Avenue.
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