46 SAO PAULO DRIVE
About This Property
Imagine starting your mornings in a quiet, all-ages neighborhood, surrounded by a peaceful, park-like setting where life feels unhurried. Set on a spacious double lot, this home offers privacy, open space, and a relaxed Florida lifestyle.
The open split-bedroom floor plan feels bright and comfortable, with natural light pouring in through transom and Palladian windows. Through the double-door entry, the living and dining spaces flow easily, leading through French doors to the lanai with a heated pool and spa-perfect for slow mornings, family gatherings, or quiet evenings outdoors.
The kitchen naturally becomes the heart of the home, with granite countertops, stainless steel appliances, a breakfast bar, and breakfast nook, opening to the family room with a wood-burning fireplace. Whether it's everyday meals or entertaining, the layout keeps everyone connected.
The owner's suite offers a private retreat with French doors to the pool, a spacious walk-in closet, and a bath featuring dual vanities, a garden tub, and a separate shower. The split-bedroom design allows guests or family members to enjoy their own space.
Porcelain tile and updated flooring give the home a fresh, well-cared-for feel. Outside, Florida-Friendly landscaping and a deep-well irrigation system make outdoor living easy to enjoy. A new roof installed in 2020 adds peace of mind.
This home includes 3 bedrooms, 2 baths, a 2-car garage, a heated pool and spa, and sits on a .44-acre double lot-all in a quiet, welcoming community where it's easy to imagine settling in and staying awhile.
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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 |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Price Decreased |
$554,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Feb 9, 2026 | Listed by KELLER WILLIAMS ON THE WATER | $564,900 | |
| Listed by KELLER WILLIAMS ON THE WATER | |||
| Jan 14, 2026 | Price Decreased |
$575,000
↓ $24K
(4%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017