For SaleRisky Deal12 days on market
1065 S Fork Cir
1065 S Fork Cir, Melbourne, FL 32901, Melbourne, FL 32901
$304,900
Estimate®:$294,500
Listing Price
1065 S Fork Cir, Melbourne, FL 32901
Loc: Melbourne, FL
Days Listed
12
Tax Assessed
$264k
Estimate®
$295k
Market Rate
Lot Size
4,792 sqft
Rent Estimate
$2,090/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
University Park Elementary School
PK-6
1 mi away
2
Palm Bay Magnet Senior High School
PK,8-12
0.9 mi away
3
Stone Magnet Middle School
7-8
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 exteriorbrick accentsattached garageasphalt shingle roofarched windowmanicured lawnresidentialsuburbanwell-maintainedlow-pitched roofpalm tree
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.89%
Total ROI
65.1%
Cash Flow
$-341/mo
DSCR
0.78
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-341/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 |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $304,900 | $195 |
| 2013-09-30 | Sold | $139,500 | $89 |
| 1996-05-01 | Sold | $89,400 | $57 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,198.89 | $125,780 |
| 2024 | $1,207.07 | $122,240 |
| 2023 | $1,316.46 | $118,680 |
| 2022 | $1,196.32 | $115,230 |
| 2021 | $1,183.76 | $111,880 |
| 2020 | $1,158.2 | $110,340 |
| 2019 | $1,151.07 | $107,860 |
| 2018 | $1,151.07 | $105,850 |
| 2017 | $1,134.46 | $103,680 |
| 2016 | $1,117.96 | $101,550 |
| 2015 | $1,132.15 | $100,850 |
| 2014 | $1,118.78 | $100,050 |
| 2013 | $0 | $95,610 |
| 2012 | $1,811.67 | $82,370 |
| 2011 | $1,099.2 | $91,190 |
| 2010 | $1,058.5 | $109,270 |
| 2009 | $949.57 | $124,150 |
| 2008 | $925.77 | $148,000 |
| 2007 | $1,124.68 | $161,000 |
| 2005 | $1,110.09 | $133,110 |
| 2004 | $1,120.73 | $97,990 |
| 2003 | $1,127.79 | $86,870 |
| 2002 | $1,075.09 | $81,730 |
| 2001 | $1,042.42 | $79,860 |
| 2000 | $957.88 | $73,560 |
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