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8476 Lyside Drive
About This Property
Inside, wood-look tile and an open great room flow into a kitchen built for daily cooking: quartz counters, premium soft-close cabinetry throughout, gas range with pot filler, a matching top-of-the-line Samsung refrigerator less than a year old, and a sunny breakfast nook. The primary suite is set up as a retreat with dual walk-in closets and a spa-inspired bath. A first-floor guest bedroom sits next to a full bath with easy access from the bedroom and the courtyard. Upstairs, Jack-and-Jill bedrooms give flexibility for kids.
Outside, the courtyard is set up for Florida living--partial artificial turf for low maintenance, a remote-controlled sunshade for heat and rain, and an outdoor kitchen rough-in already in place so a grill station can be finished without starting from scratch.
Several convenience and high-dollar items are already installed: EV charger in the garage, whole-house water softener and filtration, gas on-demand water heater, and HVAC recently serviced with major components replaced. Smart-home basics such as Nest doorbell, dual smart garage door openers with cameras, smart front door lock, and dimmers in most rooms. Wall-mounted TVs in the bedrooms convey and bidets are installed on all toilets.
Parking is a 2-car garage with an additional half-garage storage space perfect for a golf cart or bicycles.
Location: Reeling Park in Addison Village. About a 0.5-mile walk to elementary school on wide sidewalks with crossing guards. Zoned for Viera Elementary, Viera Middle, and Viera High, with club access to pools, fitness, tennis, and pickleball. Monthly HOA covers clubhouse access and events, pool access, landscaping, trash pickup, and bulk cable, internet, TV, phone, and 10 streaming services.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$599,900
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Aug 29, 2026 | Price Decreased |
$615,000
↓ $14K
(2.2%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$629,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jun 13, 2026 | Listed by Dale Sorensen Real Estate Inc. | $634,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Jul 14, 2025 | Sold | ||
| Sold | |||
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About Viera West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017