For SaleRisky Deal6 days on market
4610 Leo Ln
4610 Leo Ln, Melbourne, FL 32935, Melbourne, FL 32935
$769,900
Estimate®:$745,200
Listing Price
4610 Leo Ln, Melbourne, FL 32935
Loc: Melbourne, FL
Days Listed
6
Tax Assessed
$591k
Estimate®
$745k
Market Rate
Lot Size
0.34 acres
Rent Estimate
$3,560/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.
9
Sherwood Elementary School
PK-6
0.9 mi away
7
Delaura Middle School
7-8
4.4 mi away
8
Satellite Senior High School
9-12
4.2 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
ranch-stylestucco exteriorstone accentstwo-car garagepaver drivewaypalm treeslandscaped yardsingle-storyresidentialsuburbanarched entrywaywell-maintainedtraditional
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.92%
Total ROI
22.3%
Cash Flow
$-2,121/mo
DSCR
0.47
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,121/mo net cash flow with a 2.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Melbourne, 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 |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $769,900 | $293 |
| 2017-10-27 | Sold | $483,000 | $184 |
| 2017-08-15 | Listed for sale | $489,900 | $187 |
| 2016-01-12 | Sold | $396,700 | $151 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,063.02 | $434,510 |
| 2024 | $6,688.37 | $422,270 |
| 2023 | $6,553.67 | $409,980 |
| 2022 | $6,197.39 | $398,040 |
| 2021 | $6,308.62 | $386,450 |
| 2020 | $6,249.09 | $381,120 |
| 2019 | $6,323.54 | $372,560 |
| 2018 | $6,323.54 | $365,620 |
| 2017 | $6,323.64 | $355,340 |
| 2016 | $6,297.61 | $331,480 |
| 2015 | $6,983.51 | $60,000 |
| 2014 | $1,293.44 | $66,000 |
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