For SaleRisky Deal1 days on market
1966 Croghan Dr
1966 Croghan Dr, Melbourne, FL 32940, Melbourne, FL 32940
$975,000
Listing Price
1966 Croghan Dr, Melbourne, FL 32940
Loc: Melbourne, FL
Days Listed
1
Tax Assessed
$656k
Lot Size
0.46 acres
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
3.2 mi away
7
Viera Middle School
7-8
2.1 mi away
7
Viera High School
PK,9-12
2.2 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
Mediterraneanstuccoluxurytwo-storypaver drivewaybalconylandscapedsolar panelsarched entrywayresidentialspaciouslush greenerycurb appealsuburban
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.13%
Total ROI
92.1%
Cash Flow
$-77/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-77/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • 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 |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $975,000 | $240 |
| 2020-05-22 | Sold | $600,000 | $148 |
| 2020-04-12 | Listed for sale | $599,900 | $148 |
| 2016-10-14 | Sold | $570,000 | $140 |
| 2016-10-13 | Pending sale | $590,000 | $145 |
| 2016-10-13 | Listed for sale | $590,000 | $145 |
| 2012-01-10 | Sold | $449,000 | $110 |
| 2011-09-28 | Price change | $469,900 | $116 |
| 2011-08-04 | Listed for sale | $485,000 | $119 |
| 2006-11-07 | Sold | $572,100 | $141 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,101.54 | $542,240 |
| 2024 | $6,697.51 | $526,960 |
| 2023 | $6,636.66 | $511,620 |
| 2022 | $6,215.9 | $496,720 |
| 2021 | $6,426.8 | $482,260 |
| 2020 | $5,445.04 | $404,860 |
| 2019 | $5,415.66 | $395,760 |
| 2018 | $5,415.66 | $388,390 |
| 2017 | $5,451.99 | $380,410 |
| 2016 | $5,539.71 | $326,900 |
| 2015 | $4,958.37 | $324,630 |
| 2014 | $5,122.36 | $322,060 |
| 2013 | $0 | $317,300 |
| 2012 | $4,252.99 | $283,330 |
| 2011 | $4,473.93 | $292,420 |
| 2010 | $4,600.67 | $322,270 |
| 2009 | $5,312.55 | $386,000 |
| 2008 | $6,254.38 | $462,000 |
| 2007 | $6,401.25 | $473,000 |
| 2005 | $158.55 | $9,000 |
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