2212 Woodfield Cir is a 2,193 sq ft Single Family in West Melbourne. It was built in 2004. 2212 Woodfield Cir sits on 0.21 acres of land. In 2016 similar properties sold for between $198,284 and $286,282. We estimate the income value of 2212 Woodfield Cir at $75,886. The assumptions we used to calculate this value are include in the spreadsheet linked below. West Melbourne is in Brevard County, Florida.

2212 Woodfield Cir Property Summary

2212 Woodfield Cir
West Melbourne
FL 32904

Property Size:2,193 sq ft
Year Built:2004
Property Class:B4
Lat, Long: 28.071, -80.664

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Estimated Value: 2212 Woodfield Cir

Market Data

In 2016 class A single family properties in West Melbourne sold for $131.28 to 381.75 per sq ft with a median price per sq ft of $146.38. Class B properties sold for $90.92 to 131.27 per sq ft with a median of $112.19 and class C properties sold for $11.51 to 90.91 per sq ft with a median of $80.16.

Market Valuation

2212 Woodfield Cir appears to be a B Class property. Suggested value: $244,671

Value286,282 244,671 198,284

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $75,886. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 2212 Woodfield Cir:

  • The Household Income estimate assumes the tenant has a total household income of $150,879 and spends 33% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $4,149
Household Income - Renters $1,527
Market Rents $1,346
Price/Ft $2,226

Expense Estimates:

  • Census data records show 8% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 2212 Woodfield Cir. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Monthly Rent1,346
Annual Rent per Sq Ft7.00
Gross Annual Rent16,152
Vacancies and Bad Debt13%
Vacancies and Bad Debt Amount2,100
HOA, Utilities and CAM0
Property Taxes4,349
Management Fees1,615
Cap Rate7
Estimated Value75,886
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $65,996. The bottom 10% of the population earn less than $23,217 per year. The top 10% earn more than $150,879 per year. The top 1% earn more than $414,648 per year. Most renters earn between $28,332 (20th percentile) and $50,268 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $131,992 and $164,990.

The tax assessed value of this property places it in percentile 90 of all properties in this area. This suggests it would appeal to someone earning around $150,879 per year who should qualify for a mortgage between $301,758 and $377,198.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $847. Most renters earn between $2,361 and $4,189 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $608 (20th percentile) to $1,140 (80th percentile) range. The residential vacancy rate is 8%.

This property falls in percentile 90 of all properties in this area. This corresponds to a rent of $1,400 per month and a monthly household income of $4,797 ($57,564 per year)


  1. 2212 Woodfield Cir, West Melbourne, FL on Zillow
  2. Recent Sales near 2212 Woodfield Cir, West Melbourne, FL on Realtor.com
  3. 2212 Woodfield Cir, West Melbourne, FL on Google Maps
  4. 2212 Woodfield Cir Walkscore
  5. West Melbourne, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites


  1. 2212 Woodfield Cir Building Footprint


BuildingYear BuiltSizeUsageFeatures
Building 1 2004 2,193.00 Single Family Residence Stucco Exterior, Masonry Concete Frame, Asph/Asb Shngl Roof, Hip/Gable Roof, Garage,

Owner Details

Companies near this Address

  1. Gaelic Norse, LLC (2202 Woodfield Cir)
  2. Christopher Stuart Vick, LLC (2421 Windchaser Ct)
  3. Pressure Washing By Mike Schwab, Inc. (2233 Woodfield Cir)

Sales History

DateSold BySold ToDeed TypePrice
03/27/2004 Seller: 45856 Buyer: 678920 Warranty Deed/Special Warranty Deed 58,000.00
10/26/2007 Seller: 678920 Buyer: 201937 Warranty Deed/Special Warranty Deed 310,000.00
02/01/2014 Seller: 201937 Buyer: 280030 Unknown 100.00
02/01/2014 Seller: 201937 Not Recorded Unknown 100.00
11/01/2014 Not Recorded Buyer: 7327634 Unknown 199,000.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.