1092 Canfield Circle SE
About This Property
Get the benefits of new construction without the wait--and without the added upgrade costs. Situated on a premium lakefront homesite in the Gardens at Waterstone, this two-story residence offers over 2,100 square feet of thoughtfully designed living space with 4 bedrooms, 2.5 baths, and a spacious loft.
The open-concept main level features tile flooring throughout and a seamless flow between the kitchen, dining area, and great room--perfect for everyday living and entertaining. Unlike many new construction homes, this property is already upgraded beyond builder grade, including accordion shutters for 2nd floor, a stylish tile backsplash, upgraded lighting, ceiling fans throughout, and a screened lanai overlooking the peaceful lake--features that often cost buyers thousands after closing.
Upstairs, all four bedrooms are thoughtfully positioned along with a centrally located laundry room and a versatile loft ideal for a home office, study space, or second living area. Located in a resort-style community offering a pool, tennis courts, pickleball, playground, and recreation areas, with easy access to I-95, shopping, dining, and the growing St. Johns Heritage Parkway corridor.
Comparable new construction homes in the area often exceed $420K once lot premiums and upgrades are added--making this lakefront home an exceptional value. Why wait months to build when this upgraded, move-in ready home is available now?
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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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Price Decreased |
$399,982
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jan 19, 2026 | Listed by Engel & Voelkers Melb Downtown | $409,982 | |
| Listed by Engel & Voelkers Melb Downtown | |||
| Mar 7, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
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Price/ft²
Listed On
Sold On
About Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017