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1112 BANFF DRIVE NE
About This Property
Located along Florida's Space Coast, you are minutes from nearby beaches such as Melbourne Beach, Indialantic Beach, Satellite Beach, and Indian Harbour Beach, as well as many outdoor recreation areas like Turkey Creek Sanctuary, Fred Lee Park, and Andretti Thrill Park. Conveniently located near major highways (I-95, FL-192, and US-1) and 78 miles from Orlando attractions, Country Club Estates offers the perfect blend of coastal living and easy access to Central Florida."
The Webber is a spacious 2,210 square feet single-story home featuring four bedrooms and three bathrooms. The kitchen overlooks the dining and living room, while the outdoor patio off the great room provides plenty of natural light throughout the main living area. Tucked away in the front of the home is second bedroom with an ensuite bathroom - perfect for guests! Featuring a spacious primary suite at the rear of the home and three additional bedrooms, the Webber offers comfort and flexibility for a variety of lifestyles. *Photos are from a similar home.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Oct 2, 2026 | Price Decreased |
$449,900
↓ $600
(0.1%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Increased |
$450,500
↑ $2K
(0.5%) | |
| Price Increased | |||
| Jul 16, 2026 | Price Decreased |
$448,500
↓ $2K
(0.4%) | |
| Price Decreased | |||
| Jun 3, 2026 | Listed by SM FLORIDA BROKERAGE LLC | $450,500 | |
| Listed by SM FLORIDA BROKERAGE LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017