10927 BLUESTEM COVE
About This Property
Gorgeous water views come with no lot premium, and the care put into this immaculate home shows everywhere you look, from the whole-house water softener and the reverse osmosis system built into the kitchen island to the plantation shutters that dress every window. Luxury vinyl plank flooring runs throughout and makes cleaning a breeze, while new light fixtures, upgraded LG kitchen appliances, a new paver patio, fresh landscaping, and a screened lanai round out a long list of improvements already in place.
The kitchen anchors the home with quartz countertops, 42-inch white shaker cabinetry with crown molding, upgraded LG stainless steel appliances, a pantry, glossy blue subway tile backsplash, and an oversized center island with casual seating. Privately positioned toward the back of the home, the primary suite captures peaceful lake views and offers a spacious walk-in closet alongside a beautifully finished en suite bath with a quartz dual vanity and fully tiled walk-in shower with glass enclosure. Two additional bedrooms each include walk-in closets and ceiling fans, and the second bath carries the same clean, modern aesthetic found throughout. Outdoor living is where this home truly shines. The screened and covered lanai opens onto an extended brick paver patio overlooking the water, creating an inviting space to unwind, dine, or entertain. The fenced backyard was thoughtfully designed to preserve the lake views while adding privacy and functionality, leaving plenty of room to enjoy the quiet setting. Additional upgrades include a hybrid water heater, whole-house gutters, hurricane shutters, and an epoxy-coated garage floor with overhead storage. Sawgrass Lakes is an Energy Star certified community with easy access to I-75, Fort Hamer Road, Lakewood Ranch, downtown Bradenton and Sarasota, and the beaches of Anna Maria Island, offering a rare chance to enjoy nearly new construction without the wait or the premium. Come experience the lifestyle and immaculate condition for yourself. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.*
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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 |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by KW COASTAL LIVING III | $375,000 | |
| Listed by KW COASTAL LIVING III | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017