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4490 Portage Trail
About This Property
Lovely lakefront home located in the private gated community of Sawgrass at Suntree. Very clean and well maintained. Brand New Roof in October. Exterior painted recently. Open great room floor plan with peaceful lake views and large screened in lanai. Master suite has tray ceiling, walk in closet, double sinks and jetted tub. Community pool. Close to A rated schools, PAFB, shopping and beaches.
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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.
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 25, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Listed by Keller Williams Realty Brevard | $439,000 | |
| Listed by Keller Williams Realty Brevard | |||
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Pride of Ownership. Move-In Ready Home with Stunning Waterfront Views! This charming 3-bedroom, 2-bathroom home in the desirable Summit at Sawgrass in Suntree community offers effortless Florida living and breathtaking water views from your screened-in lanai and private primary bedroom retreat. Step inside to find updated flooring, neutral paint, modern light fixtures, and an open, airy layout filled with natural light. The kitchen features stainless steel appliances, perfect for both everyday use and entertaining. Enjoy peace of mind with recent upgrades including a Roof (2019), A/C Condenser (2020), and Water Heater (2021). Located in a gated community with Low HOA fees and lawn maintenance included, this home is truly low-maintenance and move-in ready. Ideally located with easy access to major roadways, minutes from Patrick Space Force Base, top-rated schools, shopping, dining, and the BEACH. Relax, unwind, and enjoy the view—schedule your private tour today!
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| Mar 20, 2020 | Sold | ||
| Sold | |||
| Oct 19, 2019 | Listed by Ellingson Properties | $319,000 | |
| Listed by Ellingson Properties | |||
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About Sawgrass at Suntree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017