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Sebastian 32958
937 Schumann Drive
$162,500
● House - Off Market

937 Schumann Drive

Sebastian, FL 32958
bedrooms
3 Beds
bathrooms
2 Baths
$272,765
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

COME LIVE IN SEBASTIAN,FL. OLD FLORIDA LIVING FULLY FURNISHED 3 BEDROOMS 2 BATHROOMS POOL HOME. TOTALLY REMODELED WITH NEW KITCHEN CABNETS & GRANITE COUNTERTOPS, STAINLESS APPLIANCES & UPDATED BATHROOMS WITH NEW WALK IN SHOWER & VANITIES, POLISHED TERRAZZO FLOORS, NEW POOL EQUIPMENT AND NEW HVAC. PRICED TOO SELL! WILL NOT LAST!
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1972

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: 3 years ago (Space Coast MLS #782270)

Price History

Date / Event Date Event Price
Jul 3, 2017 Sold
Premium
Sold
Apr 29, 2017 Listed by Billero & Billero Properties $169,900
Listed by Billero & Billero Properties
Dec 7, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 17
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 3
  • Garage Square Area: 276
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,316
  • Gross Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,316
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEBASTIAN HIGHLANDS UNIT 9
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SEBASTIAN HIGHLANDS UNIT 09 BLK 416 LOT 22 PBI 6-36A

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050805

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-39-18-00001-4160-00022.0
  • Block: 416
  • Lot: 22
  • Meridian: SEC 18 TWN 31S RNG 39E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.7839
  • Longitude: -80.4624

    Address

  • Full Address: 937 Schumann Dr
  • Legal Unit: 9
  • Address - House Number: 937
  • Address - Street Name: Schumann
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R024
  • 4-Digit Zip Code: 5347
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 1,485
  • Tax Year: 2022
  • Tax Amount: $213,705
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 68
  • Final Value: 321,565
  • High Value: 394,545
  • Low Value: 248,584

    Market Valuation

  • Market Total Value: $202,058
  • Market Land Value: $21,276
  • Market Improvement Value: $180,782

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $158,458

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2017
  • Current Sale Recording Date: Jul 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120170038336
  • Previous Sale Recording Date: Dec 07, 2015
  • Previous Sale Contract Date: Dec 04, 2015
  • Previous Sale Amount: $104,000
  • 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 Sebastian

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1755 ft²

Average Home Age

27.8 years

Currently For Sale

161 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 107 Keystone Drive, Sebastian, FL, 32958

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,837 ft²
107 Keystone Drive, Sebastian, FL, 32958 Listing by Yenny Palacio

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Michael Winn Mclaughlin, Billero & Billero Properties
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 782270
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 937 Schumann Drive built and last sold?
The property at 937 Schumann Drive was built in 1972 and last sold on Jun 26, 2017 for $162,500.
How much is this home worth?
The estimated value of the home located at 937 Schumann Drive is $0.
What are some comparable homes to 937 Schumann Drive?
There are currently no comparable homes to 937 Schumann Drive.
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