123 THATCHAM Drive
About This Property
Welcome to a truly special opportunity in Silver Landing at SilverLeaf! Built in 2022, this beautifully maintained 4-bedroom, 3-bathroom home offers modern design, thoughtful functionality, and one of the most sought-after features you can find--a rare private in-law suite!
Designed with flexibility in mind, the in-law suite is perfect for extended family, overnight guests, a private home office, or anyone looking for their own dedicated space. The main living areas feature a bright, open-concept design with stylish finishes and plenty of room to gather and entertain.
The kitchen is equipped with gas appliances, while a tankless water heater provides modern efficiency and convenience. Step outside to the fully fenced backyard, offering a private space to enjoy the Florida sunshine, entertain guests, or simply relax.
And the best part? NO CDD! Combined with a 2022 construction date, highly desirable St. Johns County location, top-rated schools, and the incredible flexibility of an in-law suite, this home checks boxes that are rarely found all in one place.
Conveniently located near shopping, dining, recreation, and major roadways, this is a home that truly stands out from the competition. If you've been searching for something different, something special, and something that offers both lifestyle and flexibility--this is it!
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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 20, 2026 | Listed by UNITED REAL ESTATE GALLERY | $559,900 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| Apr 20, 2026 | Price Decreased |
$559,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Feb 15, 2026 | Listed by UNITED REAL ESTATE GALLERY | $569,900 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
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Built in 2022, no CDD, and a rare mother in law suite! What a rare find in St. Johns. This beautifully designed 4 bedroom, 3 bath home in Silver Landing at Silverleaf offers the perfect blend of modern luxury and everyday functionality. The highly desirable in-law suite provides flexibility for extended family, guests, or a private home office. Inside, enjoy gas appliances, a tankless water heater, and stylish finishes throughout. Step outside to a fully fenced backyard, perfect for entertaining or unwinding after a long day. Located in a prime area with top-notch schools and no CDD, this home is a rare find in today's market. This home is truly one of a kind.
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| Nov 21, 2025 | Price Decreased |
$569,999
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Sep 1, 2025 | Listed | $579,999 | |
| Listed | |||
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Step into luxury in this recently built 4-bed, 3-bath home by Ashley Homes, complete with an In-law suite. The home boasts attractive finishes and upgrades, including a spacious family room/kitchen area, coffered ceiling, gas appliances, tankless water heater, and a paver driveway. The primary bathroom features a walk-in closet, dual sinks, walk-in shower, and a separate soaking tub. Additional upgrades include a fully fenced backyard, gutters, plantation shutters, and a kitchen backsplash. Located in Silver Landing in SilverLeaf, homeowners will enjoy top-notch schools, a prime location, and exceptional amenities in this golf cart-friendly community. Plus, revel in the benefits of natural gas and no CDD fee! All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells. Photos are digitally enhanced and could be altered, please verify.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017