For SaleGood Deal9 days on market
1637 Muldrew Ave
1637 Muldrew Ave, Melbourne, FL 32935, Melbourne, FL 32935
$219,900
Estimate®:$216,400
Listing Price
1637 Muldrew Ave, Melbourne, FL 32935
Loc: Melbourne, FL
Days Listed
9
Tax Assessed
$195k
Estimate®
$216k
Market Rate
Lot Size
7,841 sqft
Rent Estimate
$2,072/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
Harbor City Elementary School
PK-6
0.4 mi away
4
Lyndon B. Johnson Middle School
7-8
1.3 mi away
4
Eau Gallie High School
PK,9-12
0.7 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 storycarportvinyl sidingsuburbanlandscapeddrivewaysidewalkresidentiallow-pitched roofdiagonally-oriented sidingcovered entrance
Haven AI Verdict
Recommendation
Good
Confidence Score: 6/10
Exercise caution due to potential market volatility.
Cap Rate
7.02%
Total ROI
111.4%
Cash Flow
$145/mo
DSCR
1.13
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $145/mo net cash flow with a 7.0% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.0%)
- • 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 |
|---|---|---|---|
| 2026-09-14 | Listed for sale | $219,900 | $154 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $357.55 | $57,260 |
| 2024 | $343.72 | $55,650 |
| 2023 | $496.39 | $54,030 |
| 2022 | $465.79 | $52,460 |
| 2021 | $467.75 | $50,940 |
| 2020 | $463.09 | $50,240 |
| 2019 | $554.91 | $49,120 |
| 2018 | $554.91 | $48,210 |
| 2017 | $547.03 | $47,220 |
| 2016 | $539.97 | $46,250 |
| 2015 | $544.73 | $45,930 |
| 2014 | $540.1 | $45,570 |
| 2013 | $0 | $46,070 |
| 2012 | $421.19 | $44,150 |
| 2011 | $555.07 | $50,530 |
| 2010 | $535.14 | $58,440 |
| 2009 | $487.36 | $65,240 |
| 2008 | $473.79 | $97,900 |
| 2007 | $474.63 | $115,700 |
| 2005 | $450.51 | $74,010 |
| 2004 | $446.31 | $54,950 |
| 2003 | $443.5 | $54,320 |
| 2002 | $415.61 | $50,710 |
| 2001 | $398.28 | $47,380 |
| 2000 | $363.71 | $45,220 |
Similar Properties Nearby
Explore other investment opportunities in Melbourne.