1315 Coventry Circle
About This Property
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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%.
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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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 8, 2026 | In contract | - | |
| In contract | |||
| Jan 30, 2026 | Listed by RE/MAX Elite | $419,000 | |
| Listed by RE/MAX Elite | |||
| | |||
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Welcome to 1315 Coventry Circle in Melbourne, Florida—your new home situated on an oversized .41-acre corner lot. This beautifully maintained 4-bedroom, 2-bathroom residence offers numerous upgrades and true move-in-ready convenience, reflecting on pride in ownership and quality craftsmanship.
From the moment you enter, you'll appreciate the attention to detail, from the roof (2024) to the floors and everything in between. The expansive kitchen serves as the heart of the home, featuring generous counter space, ample cabinetry, and a functional layout perfect for everyday living and entertaining. Open living and dining areas with a fire place create a welcoming atmosphere filled with natural light.
The split-bedroom floor plan provides privacy for the spacious primary suite, while three additional bedrooms offer flexibility for family, guests, or a home office. Both bathrooms have been tastefully updated, and the home's upgrades ensure comfort, efficiency, and peace of mind.
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| Jan 6, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2022 | Listed by Compass Florida, LLC | $385,000 | |
| Listed by Compass Florida, LLC | |||
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About Coventry
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Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 941862
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