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1456 Donegal Drive
About This Property
Finally, a layout that makes sense! Spacious 5-bedroom, 2-bath concrete block saltwater pool home offering 2,108 square feet of living space in the desirable Capron Ridge community in Melbourne. This home features an open split floor plan, new laminate flooring throughout, granite countertops, and a kitchen with newer appliances including a dishwasher (2024), microwave (2026), and range (2026). Large windows bring in plenty of natural light, creating a bright and welcoming feel throughout the home. The 5th bedroom offers flexibility and could also be used as a bonus room, office, or playroom.
Major updates include a new roof (2026), HVAC (2025), water heater (2023), pool salt system (2023), gutters (2022), washer and dryer (2021), and fresh interior and exterior paint.
Step outside to a fully fenced backyard with a saltwater pool, perfect for relaxing or entertaining. The home also includes hurricane shutters Capron Ridge offers great amenities including a community pool, clubhouse, parks, playground, and walking trails, with a low HOA of $425 per quarter. Conveniently located near shopping, restaurants, and major roadways.
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Listed by Keller Williams Realty Brevard | $525,000 | |
| Listed by Keller Williams Realty Brevard | |||
| Mar 17, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by Keller Williams Realty Brevard | $400,000 | |
| Listed by Keller Williams Realty Brevard | |||
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About Capron Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017