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Melbourne 32935 Ixora Park
857 Ixora Drive
Photo of 857 Ixora Drive
Sold on Jun 16, 2017

20

Map

Photo of 857 Ixora Drive
Photo of 857 Ixora Drive
$145,000
● House - Off Market

857 Ixora Drive

Melbourne, FL 32935
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,225 Ft²
$240,817
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

*Price Adjustment* Clean and well-maintained 3 bedroom, 2 bathroom home, tucked away on a quiet street in Ixora Park. This property features a freshly painted interior, tile flooring throughout the home, a separate laundry room, spacious screened back patio, tropical fruit trees and large storage shed within the fenced back yard. Interior Air Handler installed 2012 and Roof in 2005. Priced to sell and move-in ready!
Unit Size
1,225 Ft²
Days on Market
63 days
Land Size
0.19 acres
Price per sqft
$122
Property Type
House
Property Taxes
$56
HOA Dues
-
Year Built
1963

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (Space Coast MLS #780795)

Price History

Date / Event Date Event Price
Sep 10, 2021 Sold
Premium
Sold
Jun 8, 2020 Sold
Premium
Sold
Dec 27, 2019 Sold
Premium
Sold
Jun 16, 2017 Sold
Premium
Sold
Apr 13, 2017 Listed by RE/MAX Elite $150,000
Listed by RE/MAX Elite

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • 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: 3
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 17
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 723
  • Total Building Area: 1,528
  • Gross Building Area: 1,528
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IXORA PARK PLAT NO 1
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: IXORA PARK PLAT NO 1 LOT 3 BLK 1

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064400

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 295
  • Account Number: 2723473
  • Parcel: 27-37-20-52-00001.0-0003.00
  • Block: 1
  • Lot: 3
  • Meridian: SEC 20 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1209
  • Longitude: -80.6468

    Address

  • Full Address: 857 Ixora Dr
  • Address - House Number: 857
  • Address - Street Name: Ixora
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C021
  • 4-Digit Zip Code: 4959
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 1,381
  • Tax Year: 2022
  • Tax Amount: $364,536
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 290,945
  • High Value: 354,161
  • Low Value: 227,729

    Market Valuation

  • Market Total Value: $206,890

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $206,890

    Sales

  • Current Sale Contract Date: Sep 06, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021237019
  • Previous Sale Recording Date: Jun 08, 2020
  • Previous Sale Contract Date: Jun 01, 2020
  • Previous Sale Amount: $168,000
  • 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 Ixora Park

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1473 ft²

Average Home Age

61 years

Currently For Sale

9 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 2273 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2273 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2261 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2261 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2267 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2267 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Antonio C Gagliardi, RE/MAX Elite
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 780795
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 857 Ixora Drive built and last sold?
The property at 857 Ixora Drive was built in 1963 and last sold on Sep 6, 2021 for $220,000.
How much is this home worth?
The estimated value of the home located at 857 Ixora Drive is $156,121.
What are some comparable homes to 857 Ixora Drive?
There are currently no comparable homes to 857 Ixora Drive.
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