For SaleRisky Deal97 days on market
3231 Woodsmill Dr
3231 Woodsmill Dr, Melbourne, FL 32934, Melbourne, FL 32934
$370,000
Estimate®:$365,700
Listing Price
3231 Woodsmill Dr, Melbourne, FL 32934
Loc: Melbourne, FL
Days Listed
97
Tax Assessed
$321k
Estimate®
$366k
Market Rate
Lot Size
9,148 sqft
Rent Estimate
$2,531/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.
4
Croton Elementary School
PK-6
2 mi away
4
Lyndon B. Johnson Middle School
7-8
1.5 mi away
4
Eau Gallie High School
PK,9-12
2.1 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 stylesingle-storystucco exteriorattached garagetwo-car garagelandscaped yardresidentialsuburbanconcrete drivewaystone accentspitched roofmature treeswell-maintainedsingle-family home
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.87%
Total ROI
64.7%
Cash Flow
$-418/mo
DSCR
0.78
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-418/mo net cash flow with a 4.9% 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 |
|---|---|---|---|
| 2026-08-14 | Listed for sale | $370,000 | $243 |
| 2016-08-05 | Sold | $225,000 | $148 |
| 2013-04-17 | Sold | $125,000 | $82 |
| 2013-01-10 | Listed for sale | $139,900 | $92 |
| 2010-02-27 | Listing removed | $169,000 | $111 |
| 2010-02-18 | Price change | $169,000 | $111 |
| 2010-01-09 | Listed for sale | $174,900 | $115 |
| 1996-12-02 | Sold | $106,200 | $70 |
| 1993-12-27 | Sold | $98,900 | $65 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,767.08 | $248,050 |
| 2024 | $3,564.84 | $241,060 |
| 2023 | $3,482.55 | $234,040 |
| 2022 | $3,275.37 | $227,230 |
| 2021 | $3,321.1 | $220,620 |
| 2020 | $3,285.93 | $217,580 |
| 2019 | $3,314.88 | $212,690 |
| 2018 | $3,314.88 | $202,250 |
| 2017 | $3,987.57 | $190,550 |
| 2016 | $3,865.6 | $136,600 |
| 2015 | $2,082.15 | $135,660 |
| 2014 | $2,090.11 | $134,590 |
| 2013 | $0 | $123,930 |
| 2012 | $1,582.74 | $112,760 |
| 2011 | $1,583.66 | $114,370 |
| 2010 | $1,409.47 | $126,500 |
| 2009 | $1,266.4 | $156,290 |
| 2008 | $1,233.48 | $185,000 |
| 2007 | $1,420.9 | $209,000 |
| 2005 | $1,263.7 | $176,080 |
| 2004 | $1,277.74 | $131,650 |
| 2003 | $1,287.28 | $117,670 |
| 2002 | $1,228.85 | $98,550 |
| 2001 | $1,192.64 | $91,680 |
| 2000 | $1,117.23 | $84,260 |
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