For SaleRisky Deal0 days on market
6946 Hammock Lakes Dr
6946 Hammock Lakes Dr, Melbourne, FL 32940, Melbourne, FL 32940
$345,000
Estimate®:$333,400
Listing Price
6946 Hammock Lakes Dr, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
0
Tax Assessed
$263k
Estimate®
$333k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$2,143/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
1.4 mi away
N/A
Devereux Hospital
K-12
0.5 mi away
7
Viera High School
PK,9-12
1.6 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
ranch stylestucco exteriorsingle-storyattached garagearched entrywayscreened front doorsuburbanlandscaped lawnmature treespalm treesshingle roofresidentialtraditionalwell-maintained
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.29%
Total ROI
52.0%
Cash Flow
$-558/mo
DSCR
0.69
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-558/mo net cash flow with a 4.3% 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $345,000 | $310 |
| 2025-07-26 | Listing removed | $2,350 | $2 |
| 2025-07-10 | Listed for rent | $2,350 | $2 |
| 2025-07-10 | Listing removed | $2,350 | $2 |
| 2025-07-06 | Listed for rent | $2,350 | $2 |
| 2025-07-06 | Listing removed | $2,400 | $2 |
| 2025-06-26 | Price change | $2,400 | $2 |
| 2025-06-22 | Price change | $2,425 | $2 |
| 2025-06-14 | Price change | $2,450 | $2 |
| 2025-06-07 | Price change | $2,500 | $2 |
| 2025-06-04 | Price change | $2,550 | $2 |
| 2025-05-26 | Price change | $2,575 | $2 |
| 2025-05-20 | Price change | $2,599 | $2 |
| 2025-04-10 | Listed for rent | $2,600 | $2 |
| 2022-03-08 | Sold | $305,000 | $274 |
| 2022-02-08 | Contingent | $279,000 | $251 |
| 2022-02-04 | Listed for sale | $279,000 | $251 |
| 2015-12-23 | Sold | $153,000 | $138 |
| 2015-08-07 | Sold | $153,000 | $138 |
| 2015-07-23 | Pending sale | $159,500 | $143 |
| 2015-07-22 | Price change | $159,500 | $143 |
| 2015-07-10 | Price change | $167,500 | $151 |
| 2015-05-05 | Price change | $175,000 | $157 |
| 2015-04-14 | Listed for sale | $179,000 | $161 |
| 2012-06-02 | Listing removed | $1,000 | $1 |
| 2012-05-22 | Listed for rent | $1,000 | $1 |
| 2010-05-04 | Listing removed | $209,900 | $189 |
| 2005-10-12 | Sold | $229,900 | $207 |
| 2001-09-19 | Sold | $105,000 | $94 |
| 1998-05-11 | Sold | $86,000 | $77 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,293.4 | $262,930 |
| 2024 | $4,481.51 | $288,830 |
| 2023 | $4,231.51 | $263,780 |
| 2022 | $3,892.79 | $247,150 |
| 2021 | $2,373.73 | $137,490 |
| 2020 | $2,380.97 | $135,600 |
| 2019 | $2,323.03 | $132,560 |
| 2018 | $2,323.03 | $130,090 |
| 2017 | $2,320.87 | $127,420 |
| 2016 | $2,327.79 | $124,800 |
| 2015 | $2,346.37 | $98,630 |
| 2014 | $2,608.54 | $93,330 |
| 2013 | $0 | $97,810 |
| 2012 | $1,559.08 | $88,570 |
| 2011 | $1,771.39 | $100,540 |
| 2010 | $1,663.36 | $102,710 |
| 2009 | $1,739.54 | $114,150 |
| 2008 | $2,153.31 | $140,900 |
| 2007 | $2,406.15 | $158,800 |
| 2005 | $975.9 | $121,040 |
| 2004 | $993.9 | $84,630 |
| 2003 | $1,008.87 | $74,370 |
| 2002 | $973.52 | $66,460 |
| 2001 | $774.83 | $64,960 |
| 2000 | $711.87 | $59,830 |
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