For SaleNeutral Deal3 days on market
4459 Chastain Dr
4459 Chastain Dr, Melbourne, FL 32940, Melbourne, FL 32940
$575,000
Listing Price
4459 Chastain Dr, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
3
Tax Assessed
$258k
Lot Size
9,583 sqft
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
Longleaf Elementary School
PK-6
1.8 mi away
4
Lyndon B. Johnson Middle School
7-8
4.3 mi away
7
Viera High School
PK,9-12
4.9 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 exteriortwo car garagesingle storytile roofsuburbanlandscapedwell-maintainedarched entrywaypalm treeresidentialcontemporary
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.35%
Total ROI
96.9%
Cash Flow
$60/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $60/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Melbourne
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 |
|---|---|---|---|
| 2026-09-20 | Listed for sale | $575,000 | $230 |
| 2026-07-01 | Listing removed | $595,000 | $238 |
| 2026-05-21 | Price change | $595,000 | $238 |
| 2026-04-24 | Price change | $600,000 | $240 |
| 2026-04-04 | Price change | $624,000 | $249 |
| 2026-03-03 | Price change | $649,990 | $260 |
| 2026-01-02 | Listed for sale | $674,900 | $270 |
| 2018-03-21 | Sold | $357,500 | $143 |
| 2018-02-19 | Pending sale | $354,900 | $142 |
| 2018-01-19 | Price change | $354,900 | $142 |
| 2017-12-09 | Listed for sale | $359,900 | $144 |
| 2012-06-28 | Listing removed | $1,700 | $1 |
| 2012-05-18 | Listed for sale | $1,700 | $1 |
| 2011-04-11 | Listing removed | $1,650 | $1 |
| 2011-04-04 | Price change | $1,650 | $1 |
| 2011-04-03 | Listed for rent | $1,700 | $1 |
| 2006-09-22 | Sold | $315,000 | $126 |
| 2004-06-10 | Sold | $315,000 | $126 |
| 2004-04-15 | Sold | $255,500 | $102 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2017 | $4,376.03 | $257,800 |
| 2016 | $4,206.27 | $238,530 |
| 2015 | $4,059.98 | $204,340 |
| 2014 | $3,819.98 | $185,770 |
| 2013 | $0 | $179,660 |
| 2012 | $2,702.72 | $153,540 |
| 2011 | $2,848.94 | $161,700 |
| 2010 | $2,757.47 | $170,270 |
| 2009 | $3,009.14 | $197,460 |
| 2008 | $4,047.01 | $265,000 |
| 2007 | $3,949.7 | $261,000 |
| 2005 | $4,177.58 | $310,830 |
| 2004 | $496.4 | $26,500 |
| 2003 | $224.41 | $11,480 |
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