2226 Redwood Circle NE
About This Property
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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 |
|---|---|---|---|
| May 11, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Price Decreased |
$295,000
↓ $20K
(6.4%) | |
| Price Decreased | |||
| Feb 20, 2026 | Price Decreased |
$315,000
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Dec 31, 2025 | Listed by RLL Real Estate Group | $329,500 | |
| Listed by RLL Real Estate Group | |||
| | |||
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! MOVE IN READY !!!
Stunning Recent Remodel-All Plank ceramic tile,Quartz Counters,Appliances,all plumbing fixtures,light fixtures,doors & trim,door handles,blackout drapes, ring doorbell, paint inside & out! Hurricane Windows !! Open Floor Plan ! MOVE IN READY !
Spacious eat in Kitchen with Stainless Steel Appliances & smart oven with air fry. Vaulted ceilings with designer fans in every room. Spacious great room, 2 car finished garage. This Gated community offers a community pool that is conveniently located just around the corner & secure RV/boat storage is available. Ideally situated near historic downtown Melbourne, Harris, tons of dining, beautiful beaches, FIT, Turkey Creek Sanctuary with boating, biking, & scenic nature trails. Low HOA fee. Screens across Garage door.
Save on insurance! City Water & Sewer! Excellent location, near shopping, great restaurants, I-95, Orlando theme parks, Cape Canaveral & Port Canaveral.
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Property Highlights
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017