148 Enchanted Way
About This Property
Built with durable steel framing and impact resistant windows, this move-in ready home offers quality construction designed for Florida living. These weather resistant features provide added durability while contributing to lower homeowners insurance costs, giving you added confidence in your investment.
A welcoming covered front porch and freshly landscaped yard lead into an open-concept main level with upgraded design throughout. A convenient half bath sits just off the entry, while a custom accent wall anchors the living space. The kitchen features a functional island, stainless steel appliances, granite countertops, and soft-close cabinetry.
Upstairs, you'll find three bedrooms, two full bathrooms, and a dedicated laundry room. The primary suite features a tiled shower and multiple closet options. LVP flooring flows throughout, complemented by elevated finishes.
This is your opportunity to own a truly fairytale home in Enchanted Estates! Outside, the fully landscaped yard with irrigation creates a true turn-key experience ideal for a primary residence, vacation getaway, or investment property. Enchanted Estates offers desirable amenities including a dog park, nature trails, and a sparkling community pool, all just minutes from the beach.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Relisted | $409,900 | |
| Relisted | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Price Decreased |
$399,900
↓ $20K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017