204 COURTNEY CHASE Drive
About This Property
Tucked against a serene preserve in Johns Island at SilverLeaf, this move-in ready home delivers the indoor-outdoor Florida lifestyle you are searching for -- without compromise. A fully equipped covered lanai with retractable screens becomes your everyday escape, whether you're hosting or simply unwinding as the sun sets behind the trees.
Inside, soaring ceilings and panoramic sliding glass doors flood the great room with natural light, opening seamlessly to a chef's kitchen with premium finishes, an oversized island, hidden walk-in pantry, and cabinetry that impresses at every turn.
Steps from SilverLeaf's brand-new resort-style amenity center. Low HOA. Zero CDD fees. All the hard work already done.
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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 7, 2026 | Price Decreased |
$879,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$889,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| May 29, 2026 | Price Decreased |
$899,000
↓ $900
(0.1%) | |
| Price Decreased | |||
| Apr 12, 2026 | Relisted | $899,900 | |
| Relisted | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017