3
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224 Woody Circle
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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.
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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 14, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Mar 28, 2026 | Listed by J. Edwards Real Estate | $1,199,000 | |
| Listed by J. Edwards Real Estate | |||
| | |||
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Modern 2023 coastal residence with private deeded beach access, offering a refined blend of luxury, comfort, and effortless coastal living-without the delays or uncertainty of building.
Located in highly sought-after Melbourne Beach, this 4-bedroom, 3-bath plus dedicated home office spans over 2,800+ sq ft and showcases clean architectural lines, designer-selected finishes, and a coastal modern design throughout. Natural light fills the space, creating a bright, airy feel that flows seamlessly from indoor living to outdoor relaxation.
The kitchen and main living areas are designed for both everyday comfort and entertaining, while the spacious primary suite offers a private retreat with spa-inspired finishes and a calm, elevated atmosphere.
The backyard is pre-wired and ready for a custom pool, giving you the rare opportunity to design your own private outdoor oasis. Seller is offering a credit toward pool installation, creating a seamless path to completing your ideal coastal lifestyle.
Additional highlights:
" 2023 construction - enjoy peace of mind with modern systems and finishes
" Deeded beach access just 477 steps away
" Expansive living spaces with 10/12 ft ceilings, 8' solid-core doors, block construction, PGT Impact-Rated doors and windows
" Premium Appliance & Cabinetry package, Cambria Luxury Quartz Countertops, Sherwin Williams Cashmere interior paint
- Upgraded sand-finish stucco exterior, Epoxy garage floor coating system, Custom paver package - front patio entry + driveway, large covered back patio + outdoor kitchen
- Premium Electrical and Technology Package
A rare opportunity to own a newer coastal modern home in Melbourne Beach at an exceptional value. Priced to sell.
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| Apr 21, 2022 | Sold | ||
| Sold | |||
| Apr 12, 2021 | Sold | ||
| Sold | |||
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About Woodland Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017