For SaleRisky Deal1 days on market
3602 Durksly Dr
3602 Durksly Dr, Melbourne, FL 32940, Melbourne, FL 32940
$1,500,000
Estimate®:$1,433,500
Listing Price
3602 Durksly Dr, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
1
Tax Assessed
$938k
Estimate®
$1434k
Market Rate
Lot Size
10,454 sqft
Rent Estimate
$4,657/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
Longleaf Elementary School
PK-6
1.8 mi away
4
Lyndon B. Johnson Middle School
7-8
4.6 mi away
7
Viera High School
PK,9-12
4.6 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
modern ranchstucco exteriorpaver drivewayattached garagespalm treeslandscaped lawncontemporaryluxury homesingle storycovered entrywaysuburbanspacious facade
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.66%
Total ROI
-5.2%
Cash Flow
$-5,713/mo
DSCR
0.27
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-5,713/mo net cash flow with a 1.7% 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 | $1,500,000 | $448 |
| 2026-09-16 | Listing removed | $1,500,000 | $448 |
| 2026-08-25 | Listed for sale | $1,500,000 | $448 |
| 2025-06-30 | Sold | $1,345,000 | $402 |
| 2025-05-08 | Pending sale | $1,389,000 | $415 |
| 2025-04-21 | Listed for sale | $1,389,000 | $415 |
| 2019-01-04 | Sold | $699,600 | $209 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,314.86 | $640,560 |
| 2024 | $7,841.98 | $622,510 |
| 2023 | $7,740.92 | $604,380 |
| 2022 | $7,221.02 | $586,780 |
| 2021 | $7,592.59 | $569,690 |
| 2020 | $7,565.75 | $561,830 |
| 2019 | $7,852.31 | $531,870 |
| 2018 | $7,852.31 | $125,000 |
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