24
Map
4303 Collinwood Drive
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 |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Jan 27, 2026 | Listed by RE/MAX Aerospace Realty | $325,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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Welcome to 4303 Collinwood Drive in Melbourne, Florida—a beautifully updated 3-bedroom PLUS office/flex 4th room! 2-bath home with a 2-car garage, located on a desirable corner lot in Eagle Lake East HOA. Fresh interior and exterior paint give the home a crisp, modern feel. Inside, enjoy a no-carpet layout with tile and luxury vinyl plank flooring throughout. The spacious dining room is perfect for gatherings, while the kitchen and both bathrooms feature elegant granite countertops. The owner's suite offers a walk-in closet, relaxing soaker tub, and separate walk-in shower. Step outside to a fully fenced backyard and a large screened, covered porch ideal for enjoying Florida living year-round. Conveniently located near parks, shopping, dining, beaches, and everyday amenities, this move-in-ready home offers comfort, style, and an excellent Melbourne location. Schedule your private showing today.
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| Oct 6, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed by Tropic Coast Realty | $224,982 | |
| Listed by Tropic Coast Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017