For SaleRisky Deal5 days on market
1444 Arundel Way
1444 Arundel Way, Melbourne, FL 32940, Melbourne, FL 32940
$1,000,000
Estimate®:$961,600
Listing Price
1444 Arundel Way, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
5
Tax Assessed
$859k
Estimate®
$962k
Market Rate
Lot Size
0.38 acres
Rent Estimate
$4,419/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
Quest Elementary School
PK-6
1.1 mi away
N/A
Devereux Hospital
K-12
1.3 mi away
7
Viera High School
PK,9-12
3.1 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
Mediterraneanstucco exteriortiled roofpaver drivewayspacious garagelush landscapingluxury residencearched entrywaywell-manicured hedgesoutdoor lightingsingle-storyupscale suburbandusk settingarchitectural curb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.64%
Total ROI
16.2%
Cash Flow
$-2,988/mo
DSCR
0.42
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,988/mo net cash flow with a 2.6% 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $1,000,000 | $328 |
| 2013-07-02 | Sold | $590,000 | $193 |
| 2013-05-30 | Pending sale | $619,900 | $203 |
| 2013-05-07 | Listed for sale | $619,900 | $203 |
| 2003-04-23 | Sold | $129,900 | $43 |
| 2003-02-10 | Sold | $102,900 | $34 |
| 2001-04-18 | Sold | $102,900 | $34 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,029.18 | $569,370 |
| 2024 | $9,489.08 | $553,330 |
| 2023 | $9,095.46 | $537,220 |
| 2022 | $8,630.92 | $521,580 |
| 2021 | $8,753.17 | $506,390 |
| 2020 | $8,600.54 | $499,400 |
| 2019 | $8,585.78 | $488,180 |
| 2018 | $8,585.78 | $479,080 |
| 2017 | $8,628.46 | $469,230 |
| 2016 | $8,393.72 | $459,580 |
| 2015 | $8,553.02 | $456,390 |
| 2014 | $8,867.45 | $452,770 |
| 2013 | $0 | $357,950 |
| 2012 | $0 | $348,330 |
| 2011 | $0 | $351,300 |
| 2010 | $0 | $369,750 |
| 2009 | $0 | $404,860 |
| 2008 | $0 | $468,000 |
| 2007 | $0 | $452,000 |
| 2005 | $0 | $552,920 |
| 2004 | $2,060.5 | $110,000 |
| 2003 | $1,634.23 | $83,600 |
| 2002 | $1,633.57 | $83,600 |
| 2001 | $970.53 | $50,000 |
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