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956 Waialae Circle NE
About This Property
Beautiful beachs within 15 minutes drive.
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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 |
|---|---|---|---|
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Listed by Location Real Estate LLC | $299,900 | |
| Listed by Location Real Estate LLC | |||
| Mar 23, 2026 | Listed by Denovo Realty | $317,500 | |
| Listed by Denovo Realty | |||
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Rare & valuable CITY WATER AND SEWER lot in Palm Bay, where many homes still rely on septic. If you've been searching for something with potential & not just another cookie-cutter home-this is the opportunity you've been waiting for.
ROOF 2023; HVAC & Water Heater 2020. Ducts resealed and new insulation in 2023. Electrical panel updated in 2021.
Opportunity meets location in this well-maintained home in the highly desirable Port Malabar area of Palm Bay. Situated on an oversized lot with plenty of room to add a pool, expand, or create your ideal outdoor space-something you simply don't find with most new construction.
Solid bones and a functional layout, makes it the perfect canvas for buyers ready to update and customize to their own style.
Conveniently located just minutes from shopping, dining, and everyday essentials along Palm Bay Road, this property combines location, lot size, and long-term potential in one unique opportunity.
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| Jul 26, 2012 | Sold | ||
| Sold | |||
| Jun 13, 2000 | Sold | ||
| Sold | |||
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017