For SaleRisky Deal1 days on market
2015 Bayhill Dr
2015 Bayhill Dr, Melbourne, FL 32940, Melbourne, FL 32940
$366,900
Estimate®:$353,900
Listing Price
2015 Bayhill Dr, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
1
Tax Assessed
$305k
Estimate®
$354k
Market Rate
Lot Size
6,098 sqft
Rent Estimate
$2,417/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.
10
Manatee Elementary School
PK-6
1.6 mi away
7
Viera Middle School
7-8
1 mi away
7
Viera High School
PK,9-12
1.1 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-stylestuccosingle-storygaragedrivewaysuburbanlandscapedpalm treesresidentialcurb appealsunset lightingfront porch
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.67%
Total ROI
60.5%
Cash Flow
$-475/mo
DSCR
0.75
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-475/mo net cash flow with a 4.7% 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $366,900 | $244 |
| 2006-10-23 | Sold | $225,000 | $150 |
| 2000-10-17 | Sold | $96,800 | $64 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,339.7 | $131,590 |
| 2024 | $2,177.63 | $127,890 |
| 2023 | $2,135.63 | $124,170 |
| 2022 | $2,016.97 | $120,560 |
| 2021 | $2,166.75 | $117,050 |
| 2020 | $2,158.05 | $115,440 |
| 2019 | $2,096.7 | $112,850 |
| 2018 | $2,096.7 | $110,750 |
| 2017 | $2,090.83 | $108,480 |
| 2016 | $2,089.01 | $106,250 |
| 2015 | $2,099.84 | $105,520 |
| 2014 | $2,139.27 | $104,690 |
| 2013 | $0 | $117,470 |
| 2012 | $1,105.23 | $101,290 |
| 2011 | $1,115.97 | $101,830 |
| 2010 | $1,194.74 | $111,960 |
| 2009 | $1,266.24 | $120,480 |
| 2008 | $1,901.95 | $162,000 |
| 2007 | $2,194.32 | $170,000 |
| 2005 | $1,032.64 | $151,610 |
| 2004 | $1,052.53 | $107,110 |
| 2003 | $1,068.91 | $93,810 |
| 2002 | $1,032.13 | $84,590 |
| 2001 | $1,001.56 | $82,800 |
| 2000 | $61.8 | $3,300 |
Similar Properties Nearby
Explore other investment opportunities in Melbourne.