608 Croton Rd Melbourne, FL 32935

3 beds · 2 baths · 1,877 sq ft · Lot Size: 7,405 sq ft · Single Family Home · Oxford Ridge
Est. Property Value: $303,180
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608 Croton Rd is in the Oxford Ridge neighborhood of Melbourne, FL. It is located in Brevard County and ZIP code 32935. This Single Family Home was built in 1966 and is approximately 59 years old. The single family home spans 1877 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7405 sq ft lot. According to public records, it was sold for $45,000 and has a tax-assessed value of $240,180, which is $162 per sq ft. The Oxford Ridge area of Melbourne has 364 residential homes with an average size of 1366 sq ft. Analyze and compare real estate investment strategies for properties like this home at 608 Croton Rd Melbourne, FL 32935 with Property Intel by Whitepages.

608 Croton Rd

Melbourne, FL 32935

Neighborhood

Owners & Occupancy for 608 Croton Rd

No contact information is available.

Occupancy

Resident 1**************
Resident 2************* age 82
Resident 3***************** age 31
Resident 4****************

Property Financials for 608 Croton Rd

608 Croton Rd, Melbourne, FL has no known mortgage. The Brevard county assessment for 2024 values it at $240,180, with annual taxes of $3,441.

Property Tax

Property Tax Amount$3,441 in 2024
Purchase Price$45,000
Assessed Value$240,180 on 2024

Investment Potential for 608 Croton Rd

The property has a current estimated value of $303,180, which is 16% above the neighborhood median, based on public records. It last sold for $45,000. Projected long-term
is $42,000 annually ($3,500 per month) with a 88% occupancy rate.

Discover more Single Family Homes in Oxford Ridge.

Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 32935 zip code
 
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Property Details for 608 Croton Rd

Property Details

Property Sq Ft

Living Area

1,877 sq ft

37% above market

Lot Size

7,405 sq ft

0% above market

Price Per Sq Ft

Living Area

$162 / sq ft

13% below market

Lot Size Area

$41 / sq ft

16% above market

Property condition, age, exterior, etc. for 608 Croton…
Longitude: -80.655195 Latitude: 28.116781 Parcel Number (APN): 27 3719-77-F-3…

Recommended Properties in Oxford Ridge

Discover more single family homes near 608 Croton Rd in Melbourne, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 608 Croton Rd in Brevard County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$303,180
$349,875
-$46,695 (-13%)
$447,083
-$96,114 (-21%)
YoY Price Change
1.8%
183%
Year Built
1966
1990
-24 years
Living Space
1,877 sq ft
1,630 sq ft
247 (15%)
$ Per Living Sq Ft
$162
$213
-$51 (-24%)
Lot Size
7,405 sq ft
9,599 sq ft
-2194 (-23%)
$ Per Lot Sq Ft
$41
$38
$3 (9%)

Net Operating Income
$19,792
$10,920 (55%)
Annual Revenue
$42,000
$29,400
$12,600 (43%)
$9,768
$1,520 (16%)
Net Operating Income
$19,792
$10,920 (55%)
Cap Rate
5.75%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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