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Brevard 32940 Summerwood
966 Wildwood Drive
Photo of 966 Wildwood Drive
Sold on Mar 20, 2024

1

Map

$550,000
● House - Off Market

966 Wildwood Drive

Melbourne, FL 32940
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,399 Ft²
$3,175
Est. Monthly
$51
HOA / Fees
4.25%
Cap Rate

About This Property

Listed for comp. purposes only.
Unit Size
2,399 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$240
Property Type
House
Property Taxes
$300
HOA Dues
$51
Year Built
1994

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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: 3 months ago (Space Coast MLS #1008408)

Price History

Date / Event Date Event Price
Mar 20, 2024 Sold
Premium
Sold
Jan 4, 2024 Listed by Compass Florida, LLC $575,000
Listed by Compass Florida, LLC
Apr 26, 1995 Sold
Premium
Sold
Nov 3, 1993 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 4
  • 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: 1
  • Garage Square Area: 635
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 101

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 3,604
  • Gross Building Area: 3,604
  • Building Area: 2,399
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,399
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMERWOOD
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SUMMERWOOD LOT 54

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064127

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 245B
  • Account Number: 2615122
  • Parcel: 26-36-23-75-00000.0-0054.00
  • Lot: 54
  • Meridian: SEC 23 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2038
  • Longitude: -80.6903

    Address

  • Full Address: 966 Wildwood Dr
  • Address - House Number: 966
  • Address - Street Name: Wildwood
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R078
  • 4-Digit Zip Code: 1506
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,971
  • Tax Year: 2022
  • Tax Amount: $335,571
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 602,644
  • High Value: 709,820
  • Low Value: 495,469

    Market Valuation

  • Market Total Value: $466,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $263,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 20, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56495
  • Previous Sale Recording Date: Apr 26, 1995
  • Previous Sale Contract Date: Apr 25, 1995
  • Previous Sale Amount: $254,000
  • 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 Summerwood

Stats & Trends

Median Asking:

$561,500

Sale Price/ft²

$252

Above Asking

0.00%

Average Days on Market

24

Average Home Size

1878 ft²

Average Home Age

33 years

Currently For Sale

1 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 5393 Outlook Drive, Melbourne, FL, 32940

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,032 ft²
5393 Outlook Drive, Melbourne, FL, 32940 Listing by Judith E Monica
Unit for rent at 4858 Chastain Drive, Melbourne, FL, 32940

$2,800 /mo

  • 4 Beds
  • 4 Baths
  • 2,800 ft²
4858 Chastain Drive, Melbourne, FL, 32940 Listing by Chelsea Lebkicher

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Diana Rae Thornton, Compass Florida, LLC
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 1008408
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 966 Wildwood Drive built and last sold?
The property at 966 Wildwood Drive was built in 1994 and last sold on Feb 28, 2024 for $550,000.
How much is this home worth?
The estimated value of the home located at 966 Wildwood Drive is $0.
What are some comparable homes to 966 Wildwood Drive?
There are currently no comparable homes to 966 Wildwood Drive.
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