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936 CASTLEFORD AVENUE NE
About This Property
"Welcome to Country Club Estates, an established, gated community in northeast Palm Bay. Homes in this Brevard County neighborhood are thoughtfully designed with functional layouts, designer-inspired features, and open-concept floor plans to meet your diverse needs. Choose from our most popular home designs offering a 1 or 2-level layout, 2 or 3-car garage, and a variety of homesites, many with water views.
Located along Florida's Space Coast, you are minutes from nearby beaches such as Melbourne Beach, Indialantic Beach, Satellite Beach, and Indian Harbour Beach, as well as many outdoor recreation areas like Turkey Creek Sanctuary, Fred Lee Park, and Andretti Thrill Park. Conveniently located near major highways (I-95, FL-192, and US-1) and 78 miles from Orlando attractions, Country Club Estates offers the perfect blend of coastal living and easy access to Central Florida."
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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 5, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Listed by SM FLORIDA BROKERAGE LLC | $309,000 | |
| Listed by SM FLORIDA BROKERAGE LLC | |||
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017