For SaleRisky Deal23 days on market
1861 Dawn Dr
1861 Dawn Dr, Melbourne, FL 32935, Melbourne, FL 32935
$249,900
Listing Price
1861 Dawn Dr, Melbourne, FL 32935
Loc: Melbourne, FL
Days Listed
23
Tax Assessed
$209k
Lot Size
7,841 sqft
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
Croton Elementary School
PK-6
0.5 mi away
4
Lyndon B. Johnson Middle School
7-8
0.4 mi away
4
Eau Gallie High School
PK,9-12
0.5 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 storybrick exteriorattached garagecovered porchlarge front lawnmature landscapingpalm treessuburbantraditionalmid-century rootsdriveway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.85%
Total ROI
86.1%
Cash Flow
$-78/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-78/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • 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 |
|---|---|---|---|
| 2026-09-01 | Listed for sale | $249,900 | $190 |
| 1996-06-10 | Sold | $18,100 | $14 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $632.2 | $61,660 |
| 2024 | $607.42 | $59,930 |
| 2023 | $599.17 | $58,190 |
| 2022 | $569.54 | $56,500 |
| 2021 | $579.84 | $54,860 |
| 2020 | $578.4 | $54,110 |
| 2019 | $589.16 | $52,900 |
| 2018 | $589.16 | $51,920 |
| 2017 | $593.52 | $50,860 |
| 2016 | $600.57 | $49,820 |
| 2015 | $619.26 | $49,480 |
| 2014 | $615.21 | $49,090 |
| 2013 | $0 | $50,020 |
| 2012 | $496.41 | $47,570 |
| 2011 | $557.18 | $50,790 |
| 2010 | $557.78 | $63,820 |
| 2009 | $515.2 | $81,650 |
| 2008 | $501.53 | $104,100 |
| 2007 | $544.37 | $129,500 |
| 2005 | $520.27 | $93,130 |
| 2004 | $517.62 | $65,280 |
| 2003 | $515.78 | $64,590 |
| 2002 | $485.32 | $60,000 |
| 2001 | $466.28 | $55,800 |
| 2000 | $416.63 | $52,240 |
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