3853 SW SOUNDVIEW DRIVE
About This Property
The side entry garage, spacious lot, and refined finishes give this home a more custom feel and help it stand apart from many of the standard builder grade options in the area. Built with concrete block construction, energy efficient low E windows, and quality finishes throughout, this home combines modern design with long term durability.
Inside, the open layout features high ceilings, abundant natural light, and luxury vinyl plank flooring throughout. The kitchen was designed with both style and functionality in mind, featuring stone countertops, soft close cabinetry, a large center island, and an open flow into the main living space that works equally well for entertaining or everyday living. In addition to the main living areas, the home also features a bonus room that would make an ideal office, craft room, flex space, or additional sitting area depending on your needs.
The split bedroom floor plan provides privacy and flexibility, with a spacious primary suite offering a walk in closet and dual sink vanity, while the guest bedrooms are positioned separately for comfort and convenience.
The covered rear lanai creates a comfortable outdoor living space perfect for relaxing or entertaining.
Rainbow Lakes Estates offers playgrounds, tennis courts, access to lakes, and community parks, all with no HOA fees.
Built with attention to detail, this home offers an exceptional opportunity to own brand new construction with upgraded finishes and a functional layout designed for everyday living.
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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 |
|---|---|---|---|
| May 8, 2026 | Listed by COMPASS FLORIDA LLC | $349,000 | |
| Listed by COMPASS FLORIDA LLC | |||
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About Marion
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017