For SaleRisky Deal27 days on market
4230 Randon Ln
4230 Randon Ln, Merritt Island, FL 32952, Merritt Island, FL 32952
$650,000
Listing Price
4230 Randon Ln, Merritt Island, FL 32952
Loc: Merritt Island, FL
Days Listed
27
Tax Assessed
$539k
Lot Size
0.36 acres
Rent Estimate
$4,651/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
Tropical Elementary School
PK-6
4.5 mi away
7
Thomas Jefferson Middle School
7-8
3.8 mi away
5
Merritt Island High School
PK,9-12
7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
moderncontemporarystucco exteriorblue facadecylindrical towercircular windowvertical windowssliding glass doorsbalconyscreened-in patiosuburbanarchitectural detailunique design
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.20%
Total ROI
71.9%
Cash Flow
$-557/mo
DSCR
0.83
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-557/mo net cash flow with a 5.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Merritt Island, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-27 | Listed for sale | $650,000 | $242 |
| 2016-10-28 | Sold | $281,000 | $105 |
| 2016-08-22 | Pending sale | $280,800 | $105 |
| 2016-08-03 | Listed for sale | $280,800 | $105 |
| 1997-02-05 | Sold | $238,000 | $89 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,009.54 | $377,720 |
| 2024 | $4,688.48 | $367,080 |
| 2023 | $4,650.63 | $356,390 |
| 2022 | $4,352.58 | $346,010 |
| 2021 | $4,567.52 | $335,940 |
| 2020 | $4,518.44 | $331,310 |
| 2019 | $4,629.55 | $334,480 |
| 2018 | $4,629.55 | $342,070 |
| 2017 | $5,401.18 | $311,540 |
| 2016 | $5,145.89 | $295,550 |
| 2015 | $5,081.96 | $265,210 |
| 2014 | $4,559.15 | $241,100 |
| 2013 | $0 | $219,190 |
| 2012 | $3,661.61 | $206,140 |
| 2011 | $3,803.78 | $213,950 |
| 2010 | $3,851.78 | $235,510 |
| 2009 | $4,076.88 | $264,610 |
| 2008 | $4,675.53 | $303,000 |
| 2007 | $5,169.54 | $339,000 |
| 2005 | $6,157.17 | $388,000 |
| 2004 | $4,897.95 | $304,550 |
| 2003 | $4,393.54 | $262,880 |
| 2002 | $4,166.15 | $216,560 |
| 2001 | $3,472.3 | $194,000 |
| 2000 | $2,444.86 | $165,950 |
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