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2213 WOODLAWN CIRCLE
About This Property
Major updates have already been completed, including a 2018 roof, 2024 whole-home repipe, clear hurricane shutters, and newer vinyl flooring in select areas. The home is also connected to natural gas, a valuable and less common feature in the area, with a gas fireplace adding warmth and character to the family room.
Inside, you'll find a thoughtful and functional layout with formal living and dining areas, a spacious family room with pocket sliders, a large walk-in pantry, generous laundry room, and plenty of natural light. While much of the interior retains its original charm, the home offers an incredible opportunity for the next owner to update and personalize it while benefiting from the expensive improvements already in place.
Enjoy the convenience of being close to Publix, shopping, banks, restaurants, LA Fitness, Lake Washington, I-95, Patrick Space Force Base, and the beaches. With a low annual HOA, a private setting, and a central Melbourne location, this home delivers space, value, and long-term potential in a highly desirable area.
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Cap Rate Calculator
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 9, 2026 | Sold | ||
| Sold | |||
| May 10, 2026 | In contract | - | |
| In contract | |||
| Mar 28, 2026 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Mar 19, 2026 | Price Decreased |
$475,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Feb 27, 2026 | Listed by KELLER WILLIAMS RLTY,BREVARD | $495,000 | |
| Listed by KELLER WILLIAMS RLTY,BREVARD | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017