40
Map
1634 Sumter Lane
About This Property
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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.
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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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Dec 22, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Listed by EXP Realty, LLC | $520,000 | |
| Listed by EXP Realty, LLC | |||
| | |||
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Welcome to a truly one of a kind residence where indoor-outdoor Florida living reaches its peak. The freshly painted exterior and inviting double-door entry open into a private courtyard that immediately sets this home apart. This rare courtyard layout leads your eyes straight to the showpiece: a resort-style pool framed by lush landscaping, tranquil lake and preserve views, and exceptional privacy—creating the feeling of your own secluded retreat. Just off the courtyard sits a full in-law suite with its own bedroom and full bathroom, perfect for guests or multigenerational living. A gated area beside the pool offers an ideal space for gardeners or pets. Both the courtyard and pool deck feature elegant stamped concrete, enhancing the home's outdoor appeal. Inside the home feels larger thanks to high ceilings throughout. The spacious kitchen offers abundant cabinetry, a large pantry, a center island, and a generous counter-height bar that seats up to six. The charming breakfast nook with bay windows fills the space with natural light, while a true dining room creates a warm setting for gatherings. An indoor laundry room provides everyday convenience. A dedicated office, flexible enough to serve as a fourth bedroom, adds versatility for today's lifestyle needs. One of the home's most unique features is the rarity of a three-bedroom floor plan offering three full bathrooms. The third bathroom is positioned just steps from the pool, making it the perfect pool bath for outdoor living and entertaining. The home is completely carpet-free, with tile throughout the main living areas and luxury vinyl plank flooring in every bedroom and the office. Additional attic flooring ensures excellent storage. Blending a courtyard design, a stunning resort-style pool, and peaceful nature views, this residence delivers a lifestyle that is truly in a class of its own.
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| Mar 1, 2022 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by One Sotheby's International | $450,000 | |
| Listed by One Sotheby's International | |||
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About Oak Grove at West Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017