2821 CASTERTON DRIVE
About This Property
Tucked into one of Viera's most sought-after communities, this Viera Builders Rosewood model in Trasona Cove East sits right along the walking trail, so you're stepping out the back door and into miles of paths throughout the neighborhood without ever touching a car. That's the kind of thing you don't realize you need until you have it.
Inside, the layout is more flexible than most. Three bedrooms, three and a half baths, a downstairs flex room that works as a home office, playroom, or fourth bedroom, and an upstairs loft that's been closed in with pocket doors and is currently used as a fifth bedroom. One of the secondary bedrooms upstairs has its own ensuite, which is a nice touch for guests or older kids who want their own space. Depending on how your family lives, this could function as a three-bedroom home or a five-bedroom home. Not many listings give you that kind of range.
The heart of the home is the kitchen, dining, and living area all flowing together in one connected space. It just works. Whether you're hosting a full family gathering or keeping it low key on a Sunday, the layout pulls people together naturally. The sliders open right out to the covered screened lanai, so the line between inside and outside basically disappears when you want it to. It's the kind of setup that makes entertaining feel effortless and cozy nights feel even cozier.
As a Trasona Cove East resident, you also have access to the Addison Village Club, which is the kind of amenity package that makes the HOA feel like a deal. Resort-style pool, tennis courts, pickleball courts, a gymnasium, playgrounds, and an outdoor pavilion with a wet bar and lounge seating. It's genuinely nice.
Viera itself rounds out the picture with A-rated schools, Viera Hospital nearby, The Avenue for shopping and dining, and the kind of master-planned infrastructure that makes everyday life just easier.
Homes in Trasona East don't sit. Especially ones with pools, trail access, and this much flexibility under one roof.
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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 Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017