Welcome Home to Silver Lake in sought after Suntree! Situated on an
oversized .38-acre lot with tranquil pond views, this 3-bedroom,
2.5-bath pool home offers 2,299 sq ft of Florida living! Enjoy tile
flooring throughout, plantation shutters, a cozy wood-burning
fireplace & charming bay window seating. Kitchen features granite
countertops, solid wood cabinetry, stainless appliances & custom
backsplash. Spacious primary suite includes an attached office/den,
dual walk-in California Closets & ensuite with dual sinks, soaking
tub & tiled shower. Step outside to your private pool, expansive
screened lanai & covered poolside retreat! Mature trees, fire pit &
wooden swing create the perfect backyard escape overlooking the
water. Convenient pool-access half bath! ROOF 2014 | HVAC 2018.
Minutes to Suntree shopping, dining, Brevard Zoo & I-95. Enjoy the
Space Coast lifestyle!
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.
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