5624 Silver Sun DRIVE
About This Property
Adjacent to the den are two guest bedrooms and a full bathroom, each of which has seen minimal use, maintaining a fresh and new feel. Moving through the hallway leads to the heart of the home, the kitchen. This space is tastefully appointed with cabinetry, quartz countertops, and top-of-the-line appliances including a gas range, wall-mounted oven, and built-in microwave. The kitchen seamlessly transitions into a full dining area, providing ample space for a dining room table and additional furnishings.
Continuing through the home, you'll find a spacious family room overlooking a screened-in and covered back patio, surrounded by lush, mature Florida landscape. The master suite, located at the back of the home for maximum peace and privacy, features oversized windows offering picturesque views of the backyard. The master bathroom is luxurious, boasting an oversized walk-in shower, double vanities, and a huge walk-in closet.
Storage is abundant throughout the home, with multiple storage closets strategically placed to maximize convenience. The laundry room, is conveniently located off the garage and front entry. Overall, this home offers the perfect combination of modern amenities, functionality, and pristine condition, making it an ideal choice for those seeking a move-in-ready property in the desirable Waterset community.
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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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| May 13, 2024 | Price Decreased |
$400,000
↓ $40K
(9.1%) | |
| Price Decreased | |||
| Apr 6, 2024 | Price Decreased |
$439,900
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Mar 6, 2024 | Listed by KELLER WILLIAMS SOUTH SHORE | $459,900 | |
| Listed by KELLER WILLIAMS SOUTH SHORE | |||
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About Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017