1254 Silver Lake Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Nov 30, 2025 | Price Decreased |
$664,900
↓ $14K
(2.1%) | |
| Price Decreased | |||
| Nov 3, 2025 | Listed by Grand Star Realty of Brevard | $679,000 | |
| Listed by Grand Star Realty of Brevard | |||
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Beautifully updated 4-bed, 2-bath, 2,468 sq ft pool home in one of Suntree's most desirable golf-cart friendly neighborhoods, zoned for A-rated schools. Bright & open with vaulted ceilings, abundant natural light, & LVP flooring throughout. Two spacious living areas, including a family room with floor-to-ceiling stone gas fireplace, quartz hearth, & custom built-in cabinetry. The remodeled kitchen (2020) features two-tone cabinetry, quartz countertops, large island with deep drawers, gas Jenn-Air range, built-in wall oven/microwave, two double pantries, & bar wine fridge. Original wood doors and trim add warmth & character throughout. The large primary suite opens directly to the pool & offers a large walk-in closet & spa-style bath with dual vanities, jetted tub, w/separate shower. The three additional bedrooms are located on the opposite side of the home for privacy & shared bath with skylight. Enjoy seamless indoor-outdoor living with multiple pool access points, large screened lanai, outdoor sink & shower, and tropical landscaping fed by a deep irrigation well.
New A/C (2025), New Roof (2018), attic fan, and a 2-car garage with cabinetry and two closets for storage. Minutes to golf, parks, The Avenue Viera, I-95, and under 15 minutes to the beach. Florida living at its best.
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| Jul 23, 2019 | Sold | ||
| Sold | |||
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About Suntree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017