OFF_MARKETNeutral Deal5 days on market

1334 Cherry Hills Rd NE

1334 Cherry Hills Rd NE, Palm Bay, FL 32905, Palm Bay, FL 32905
$424,999
Zestimate®:$413,900

Listing Price

Property image 1
1334 Cherry Hills Rd NE, Palm Bay, FL 32905
Loc: Palm Bay, FL
Days Listed
5
Tax Assessed
$347k
Zestimate®
$414k
Market Rate
Lot Size
0.44 acres
Rent Estimate
$3,168/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Riviera Elementary School

PK-6
0.6 mi away
2

Palm Bay Magnet Senior High School

PK,8-12
1.7 mi away
3

Stone Magnet Middle School

7-8
3.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
19.9%
Cash Flow
$-10/mo
DSCR
1.00
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-15Sold$415,000$179
2026-07-13Pending sale$424,999$183
2026-06-15Contingent$424,999$183
2026-06-15Listed for sale$424,999$183
2026-06-13Contingent$424,999$183
2026-05-21Listed for sale$424,999$183
2014-08-28Sold$195,000$84
2014-06-16Listed for sale$219,000$94

Tax History

YearProperty TaxTax Assessment
2025$2,345.45$171,150
2024$2,373.27$166,330
2023$2,312.45$161,490
2022$2,217.85$156,790
2021$2,262.95$152,230
2020$2,216.57$150,130
2019$2,433.7$146,760
2018$2,433.7$144,030
2017$2,377.75$141,070
2016$2,404.65$138,170
2015$2,159.11$137,210
2014$1,319.69$96,770
2013$0$99,680
2012$1,403.49$99,850
2011$1,671.1$110,900
2010$2,022.26$135,000
2009$2,108.71$169,920
2008$1,973.6$204,000
2007$2,088.38$235,000
2005$2,169.04$243,350
2004$2,296.26$175,330
2003$2,367.04$160,540
2002$2,308.12$151,600
2001$2,249.67$136,660
2000$2,124.63$124,020
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,320
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $424,999Rent Basis: Observed Comp Model ($3,168/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $212/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.49%

NOI: $23,329/yr

Cash-on-Cash Yield
-3.2%

On $97,750 invested

DSCR Ratio
0.88x

Negative debt coverage

5-Yr Leveraged ROI
+78.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$283/mo
Homeowner / Hazard Insurance-$212/mo
Vacancy Reserve (5% of rent)-$158/mo
Repairs & Maintenance (10% of rent)-$317/mo
Property Management (8% of rent)-$253/mo
Total Pure Operating Expenses-$1,224/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,168/mo
Less: Operating Expenses-$1,224/mo
Net Operating Income (NOI)+$1,944/mo
Less: Debt Service (30yr @ 6.75%)-$2,205/mo
Net Cash Flow
$-261/mo
$-3,133/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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