523 SILVER LANDING Drive
About This Property
This meticulously maintained 4-bedroom, 3-bathroom residence offers 2,544 square feet of thoughtfully designed living space. The open, functional layout is perfect for everyday living and entertaining.
The gourmet kitchen is a chef's dream, featuring quartz countertops, a natural gas cooktop, oven, and ample cabinetry for storage. Soaring ceilings and pristine upgraded carpeting enhance the home's elegance.
Step outside to a spacious backyard with peaceful water views, providing the ideal setting for outdoor enjoyment, from playtime to gatherings or quiet evenings.
Location Highlights:
2.6 miles to Wards Creek Elementary
5 miles to Pacetti Bay Middle School
4.3 miles to Tocoi Creek High School
41 miles to Jacksonville International Airport
136 miles (approx. 2 hrs) to Disney World
Roof, HVAC, Tankless Water Heater: 2024
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Cap Rate Calculator
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 28, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Price Decreased |
$520,000
↓ $5K
(1%) | |
| Price Decreased | |||
| May 16, 2025 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $535,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017