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1400 Bourke Lane
About This Property
Inside, a dramatic two-story foyer and dining room with soaring ceilings, transom windows and abundant natural light make a memorable first impression. French doors open to a private home office, while the kitchen remains connected to the great room, allowing conversations and activities to stay within view. Recently updated with crisp white cabinetry, granite countertops, and a stylish new backsplash, the kitchen also features a sunny breakfast nook framed by bay-style windows overlooking the pool.
The spacious great room opens directly to the lanai through sliding glass doors, creating an easy connection to outdoor living. A private first-floor guest suite with a full bath is ideal for visitors or multigenerational living. Upstairs, a large loft provides valuable additional living space, accompanied by two generously sized guest bedrooms. The owner's retreat offers a relaxing escape with an updated ensuite featuring dual vanities, a soaking tub, and a walk-in shower with frameless glass enclosure.
Major improvements provide peace of mind, including a 2024 roof, newer kitchen appliances, updated bathrooms, new water heater, new irrigation pump, plantation shutters throughout, and interior and exterior paint completed in 2025.
Located within the gated community of Capron Ridge, residents enjoy an exceptional collection of amenities including a newly renovated clubhouse, fitness center, community pool, tennis courts, pickleball courts, soccer field, basketball court, playground, and more. Conveniently situated in the master-planned community of Viera, you'll enjoy easy access to shopping, dining, top-rated schools, golf, and Florida's beautiful beaches.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jun 13, 2026 | In contract | - | |
| In contract | |||
| Jun 5, 2026 | Listed by RE/MAX Aerospace Realty | $649,000 | |
| Listed by RE/MAX Aerospace Realty | |||
| Sep 4, 2025 | Listed | $664,900 | |
| Listed | |||
| | |||
|
SO MUCH SPACE! This easy living 4-bedroom, 3-bath, pool home, located near everything in Viera, is ready for new owners—spacious rooms - huge outdoor living area on quiet cul-de-sac street. And bonus, it backs up to a preserve for privacy. *Roof 2024 *Plantation Shutters 2025 *Resurfaced Pool 2025 *Spacious Layout *Friendly Neighborhood
*LET'S MAKE A DEAL
| |||
| Jul 17, 2025 | Price Decreased |
$664,900
↓ $15K
(2.2%) | |
| Price Decreased | |||
Property Highlights
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About Capron Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017