115 BABBLING BROOK RUN
About This Property
Welcome to 115 Babbling Brook Run, a stunning and smartly upgraded home located in the gated, resort-style community of River Strand Golf & Country Club. This property comes with a social membership, providing full access to an incredible lineup of amenities-with optional pay-to-play golf access available if desired.
Enjoy serene pond views from your oversized screened-in patio, or relax indoors with elegant 18-inch ceramic tile and engineered hardwood floors throughout-no carpet. The kitchen features 42-inch cabinets, granite countertops, and stainless steel appliances, while the spacious living area includes a custom electric fireplace for added ambiance. The split-bedroom layout includes a versatile den, crown molding, a whole-home water filtration system, and smart home automation for lights and fans-with traditional switches for convenience. The 2-car garage adds storage and functionality while furnishings or turnkey options may be available!
Ideally located within walking distance to the amenities center, the home also sits just a bike or golf cart ride away from Heritage Harbor Marketplace, offering almost 500,000 sq/ft of shopping, dining, and daily essentials around the corner.
River Strand's newly renovated 39,000 sq ft clubhouse includes fine and casual dining, a Tiki bar, and a vibrant social calendar with live entertainment, trivia nights, and holiday parties. Enjoy two fitness centers, resort-style pools, resistance pool, heated spas, and six satellite pools throughout the community. Sports enthusiasts will love the 9 Har-Tru clay tennis courts, 8 pickleball courts, and half-court basketball, all supported by certified pros and an active community spirit.
With exterior maintenance included, this home is the perfect blend of low-maintenance luxury and Florida living at its finest.
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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 |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Sep 1, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| May 24, 2025 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| May 2, 2025 | Price Decreased |
$385,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017