For SaleRisky Deal6 days on market
1246 Water Lily Ln
1246 Water Lily Ln, Rockledge, FL 32955, Rockledge, FL 32955
$425,000
Estimate®:$410,200
Listing Price
1246 Water Lily Ln, Rockledge, FL 32955
Loc: Rockledge, FL
Days Listed
6
Tax Assessed
$327k
Estimate®
$410k
Market Rate
Lot Size
7,841 sqft
Rent Estimate
$2,443/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.
5
Hans Christian Andersen Elementary School
PK-6
0.9 mi away
6
John F. Kennedy Middle School
7-8
1.7 mi away
4
Rockledge Senior High School
9-12
2.7 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-stylestucco exteriortwo-car garagevaulted entrywaylandscaped front yardpalm treessunset lightingsuburbanpaver drivewaycurb appealsingle-storyresidentialarched architectural details
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.96%
Total ROI
44.8%
Cash Flow
$-804/mo
DSCR
0.64
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-804/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Rockledge, 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 |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $425,000 | $244 |
| 2016-11-10 | Sold | $228,000 | $131 |
| 2016-08-22 | Price change | $238,500 | $137 |
| 2016-08-15 | Listed for sale | $243,500 | $140 |
| 2001-11-02 | Sold | $127,000 | $73 |
| 1993-08-25 | Sold | $43,200 | $25 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,969.58 | $229,270 |
| 2024 | $2,965.79 | $222,810 |
| 2023 | $2,932.56 | $216,330 |
| 2022 | $2,761.18 | $210,030 |
| 2021 | $2,813.86 | $203,920 |
| 2020 | $2,818.37 | $201,110 |
| 2019 | $2,805.96 | $196,590 |
| 2018 | $2,805.96 | $192,930 |
| 2017 | $2,812.99 | $188,970 |
| 2016 | $2,831.93 | $107,400 |
| 2015 | $1,346.98 | $106,660 |
| 2014 | $1,374.7 | $105,820 |
| 2013 | $0 | $113,700 |
| 2012 | $1,316.72 | $102,520 |
| 2011 | $1,349.25 | $104,290 |
| 2010 | $1,495.92 | $119,760 |
| 2009 | $1,372.21 | $138,270 |
| 2008 | $1,377.82 | $168,000 |
| 2007 | $1,527.35 | $188,000 |
| 2005 | $1,509.68 | $169,620 |
| 2004 | $1,550.96 | $119,290 |
| 2003 | $1,562.42 | $102,320 |
| 2002 | $1,528.47 | $93,180 |
| 2001 | $1,321.31 | $91,820 |
| 2000 | $1,274.77 | $83,730 |
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