151 SILVER PINE Drive
About This Property
Wake up to sparkling long-water views and spend your afternoons relaxing beside your private screened saltwater pool and spa. The fully equipped outdoor kitchen and expansive lanai create the ultimate setting for entertaining, while breathtaking waterfront views provide a backdrop you'll enjoy every single day.
Inside, you'll find an open-concept design filled with natural light, soaring ceilings, luxury finishes, and a gourmet kitchen featuring an oversized island, abundant cabinetry, and seamless flow into the living and dining spaces. Whether hosting family gatherings or enjoying a quiet evening at home, every space has been thoughtfully designed for comfortable everyday living.
This move-in-ready home has been freshly updated with a newly painted interior, brand-new water softener, reverse osmosis system, upgraded lighting, smart home features, ceiling fans throughout, and pool patio lighting--allowing you to move in and immediately enjoy the Florida lifestyle.
One of this home's biggest advantages is its exceptional location within Silverleaf. Walk to one of the community's two resort-style amenity centers, while the second is just a short golf cart ride away. Together they offer multiple pools, splash parks, pickleball and tennis courts, fitness facilities, playgrounds, sports fields, and year-round community events--all with no CDD fees.
Families will also appreciate being zoned for the brand-new Magnolia Oaks K-8 School opening next month, making this an exceptional opportunity to get settled before the new school year begins.
If you've been waiting for a luxury pool home with spectacular waterfront views, a premier MasterCraft design, quick move-in availability, and one of Silverleaf's most desirable locations, this is the opportunity you've been hoping for!
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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.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017