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15709 CRYSTAL WATERS DRIVE
About This Property
This lovely Positano model home has a NEW MICROWAVE, NEW LUXURY VINYL FLOORING IN ALL 3 BEDROOMS, MINOR REPAIRS TO SOFFIT already done. Welcome to this beautifully maintained 3-bedroom, 2-bath perfectly positioned on a lovely pond and featuring a large, screened lanai ideal for year-round Florida living. Newer HVAC and Hot Water heater. Offering exceptional versatility, the third bedroom doubles perfectly as a den or home office, while the open, spacious floor plan creates an inviting environment for both everyday comfort and effortless entertaining. Seller will install a new microwave prior to closing.
The stylish kitchen is thoughtfully designed with stone countertops, a tile backsplash, stainless-steel appliances, and a pantry cabinet, all opening seamlessly to the main living areas. The light-filled primary suite features two walk-in closets and a tray ceiling, while the luxurious primary bath includes dual sinks, a Roman tub, and an expansive walk-in shower.
Located in the sought-after 55+ community of Valencia Lakes, this home offers truly carefree living. HOA fees cover yard maintenance, mowing, irrigation, cable TV, high-speed internet, and a monitored security system. Just moments away is the newly renovated 40,000-square-foot clubhouse and lifestyle center, where residents enjoy an impressive array of amenities: three pools (resort-style, resistance, and lap), an outdoor hot tub, sauna and steam rooms, a ballroom, state-of-the-art fitness center, tennis, pickleball, bocce, softball, shuffleboard, basketball, scenic walking paths, and on-site RV and boat storage. A full calendar of clubs, crafts, and social activities ensures there's always something to enjoy. The community is also home to the meaningful Veterans Memorial Park, known as the Circle of Honor.
Conveniently located near shopping, dining, medical facilities, and everyday essentials, this home offers the perfect blend of comfort, convenience, and resort-style living. All that's left to do is move in and start enjoying the lifestyle you've been waiting for.
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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 21, 2026 | Sold | ||
| Sold | |||
| Aug 10, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Price Decreased |
$335,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$340,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Apr 7, 2026 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017