10507 Cheval PLACE
About This Property
Step inside to discover an array of upscale amenities designed for both comfort and entertainment. The solar-heated pool and spa beckon for leisurely dips, complemented by a variable speed pool pump and pool screen for year-round enjoyment. The pool, resurfaced with PebbleTek in 2019, invites relaxation while the built-in outdoor kitchen, complete with an Infrared grill, caters to al fresco dining experiences. Illuminated by landscape lighting, both the front and back of the home exude an inviting glow as evening descends.
Within, the interior exudes elegance and functionality with lighted tray ceilings, matching porcelain flooring, and plantation shutters in select areas. The great room boasts a built-in sound system, while the dining room features a tray ceiling, setting the stage for memorable gatherings. A den/study offers a quiet workspace adorned with built-in desk and bookcases.
Warmth radiates from the living room, where a gas fireplace beckons on cooler evenings, complemented by built-ins and a wet bar with custom shelving. The kitchen, strategically positioned to overlook both the family room and living room, is designed for functional ease. It features both under-cabinet and over-cabinet lighting, granite counters, a breakfast bar, and a large pantry. Enjoy meals in the dining area illuminated by aquarium windows or relax in the family room under tray ceilings, with pocket slider doors leading to the expansive outdoor screened-in lanai.
The primary suite is a sanctuary unto itself, featuring a retreat ambiance with his/her closets, access to the lanai via a slider, trey ceilings, and a spa-like en-suite with split vanities, a soaking tub, and a walk-in roman shower with multiple shower heads. An additional bonus room or 4th bedroom offers versatility with a Murphy bed, perfect for accommodating guests.
Convenience is key with amenities such as a laundry room with sink and washer/dryer included. The property also boasts two A/C units, a 2-ton and a 5-ton, transferrable warranty, ensuring comfort year-round.
Beyond the confines of this exceptional property, residents can indulge in the upscale offerings of The Mall at University Town Center, Lakewood Ranch Main Street & Waterside. Golf enthusiasts will appreciate optional membership to the prestigious River Club golf course, while proximity to top-rated schools, downtown Sarasota, and the pristine beaches of Siesta Key, Anna Maria Island, Lido Key, & St. Armand's Cir adds to the allure.
With low HOA fees and no CDDs, 10507 Cheval Pl epitomizes upscale living without compromise, presenting a rare opportunity to embrace an elevated lifestyle in the heart of Bradenton's coveted River Club community.
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Apr 14, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Price Increased |
$1,390,000
↑ $15K
(1.1%) | |
| Price Increased | |||
| Apr 9, 2024 | Price Decreased |
$1,375,000
↓ $50K
(3.5%) | |
| Price Decreased | |||
| Mar 18, 2024 | Listed by ROVI | $1,425,000 | |
| Listed by ROVI | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017