4225 Negal Circle
About This Property
Upon entry, you are greeted by premium flooring, soft bright paint tones, and tasteful finishes that provide a warm and inviting atmosphere. The open great room floor plan is enhanced by tray ceilings in the main living area, recessed lighting, an electric fireplace, and upgraded fixtures, luxurious steam spa shower feature in the primary shower and so much more items that carry throughout the home, creating a refined and cohesive design of luxury.
The home offers the efficiency and feel of newer construction with well-thought-out finishes and a layout designed for both comfort and entertaining. The living spaces flow seamlessly to the outdoor area, effectively extending the home's living space into a secondary entertainment retreat.
Outside, you will find a premium custom pool, a outdoor kitchen area, and a large screened and partially covered deck space--perfect for hosting family and friends or simply enjoying the Florida lifestyle year-round. Gated, Secure and a low HOA fee further increase the home's attractiveness.
Located near Melbourne, Florida, the home at 4225 Negal Circle benefits from convenient access to a wide range of local amenities, employment centers, and major infrastructure. Residents are just minutes from everyday shopping, dining, parks, and waterfront recreation. The area is also part of Florida's growing aerospace and technology corridor, with major employers including L3Harris Technologies, Northrop Grumman, and Embraer nearby. Convenient transportation options include quick access to Interstate 95, U.S. Route 1, and the Melbourne Orlando International Airport, making commuting and regional travel simple and efficient.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Price Decreased |
$749,900
↓ $20K
(2.6%) | |
| Price Decreased | |||
| May 4, 2026 | Price Decreased |
$770,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Mar 18, 2026 | Listed by Redfin Corp. | $780,000 | |
| Listed by Redfin Corp. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017