For SaleNeutral Deal23 days on market
2983 Ontario Cir W
2983 Ontario Cir W, Melbourne, FL 32935, Melbourne, FL 32935
$304,900
Estimate®:$298,400
Listing Price
2983 Ontario Cir W, Melbourne, FL 32935
Loc: Melbourne, FL
Days Listed
23
Tax Assessed
$309k
Estimate®
$298k
Market Rate
Lot Size
9,583 sqft
Rent Estimate
$2,756/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.
3
Dr. W.J. Creel Elementary School
PK-7
1.1 mi away
4
Eau Gallie High School
PK,9-12
1.5 mi away
4
Lyndon B. Johnson Middle School
7-8
0.9 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 stylesingle storysuburbanattached garagediagonal wood sidingresidentiallandscaped front yardasphalt shingle roofconcrete drivewaytraditionalmailboxgray exterior
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.76%
Total ROI
105.8%
Cash Flow
$136/mo
DSCR
1.09
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $136/mo net cash flow with a 6.8% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.8%)
- • 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 |
|---|---|---|---|
| 2026-09-18 | Price change | $304,900 | $173 |
| 2026-09-14 | Price change | $314,900 | $179 |
| 2026-08-31 | Listed for sale | $324,900 | $185 |
| 2000-03-02 | Sold | $96,000 | $55 |
| 1994-05-18 | Sold | $104,000 | $59 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,514.85 | $308,710 |
| 2024 | $5,034.41 | $301,950 |
| 2023 | $4,830.9 | $304,350 |
| 2022 | $4,379.11 | $295,660 |
| 2021 | $3,836.38 | $207,340 |
| 2020 | $3,541.41 | $189,880 |
| 2019 | $3,484.93 | $115,450 |
| 2018 | $3,484.93 | $113,300 |
| 2017 | $1,474.91 | $110,970 |
| 2016 | $1,469.76 | $108,690 |
| 2015 | $1,499.38 | $107,940 |
| 2014 | $1,503.11 | $107,090 |
| 2013 | $0 | $110,020 |
| 2012 | $1,384.58 | $103,750 |
| 2011 | $1,467.1 | $107,390 |
| 2010 | $1,382.32 | $123,600 |
| 2009 | $1,241.81 | $135,560 |
| 2008 | $1,209.6 | $171,000 |
| 2007 | $1,281.23 | $180,000 |
| 2005 | $1,258.06 | $157,820 |
| 2004 | $1,272 | $115,830 |
| 2003 | $1,281.34 | $105,310 |
| 2002 | $1,222.98 | $99,230 |
| 2001 | $1,187.01 | $89,210 |
| 2000 | $1,611.07 | $85,300 |
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