24
Map
2847 Colbert Circle
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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Jan 23, 2026 | In contract | - | |
| In contract | |||
| Jan 19, 2026 | Listed by Blue Marlin Real Estate | $134,900 | |
| Listed by Blue Marlin Real Estate | |||
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Make this 2 bed 1 bath home yours! This home has great bones and with some personalization your can make it just the way you want! Perfectly situated for privacy, this home boasts a fully fenced yard with no neighbors behind, creating a peaceful retreat. Conveniently located near shopping, dining, parks, and major roadways, this property provides easy access to downtown Melbourne, local beaches, and top employers, including aerospace and technology hubs. Whether you're a first-time buyer, growing household, or looking to invest in the Space Coast market, this home presents a wonderful opportunity to enjoy the best of Florida living.
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| Sep 18, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | Listed by Coldwell Banker Paradise | $85,000 | |
| Listed by Coldwell Banker Paradise | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017