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2242 Woodfield Circle
About This Property
The gourmet kitchen features granite countertops, abundant cabinet space, and is perfectly designed for entertaining and everyday living. Generous oversized walk-in closets provide exceptional storage, while the sought-after 3-car garage offers plenty of room for vehicles and hobbies.
Situated on a private corner lot, this home showcases an oversized pool, plenty of lanai space and... a corner view of the tranquil lake, creating the ideal outdoor retreat. Freshly painted interior and nearly new roof (2023) add peace of mind and move-in-ready appeal.
Conveniently located in the heart of Melbourne, just minutes from beaches, shopping, churches, dining, and everything the Space Coast has to offer!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017