15850 Blue Ridge Way
About This Property
Inside, the beautifully appointed kitchen serves as the heart of the home, featuring quartz countertops, soft-close cabinetry, crown molding, roll-out drawers, abundant storage, upgraded lighting, and a spacious island that invites conversation and connection. The split-bedroom floor plan provides privacy and flexibility, while the spacious owner's suite offers a peaceful retreat complete with dual vanities, a large walk-in shower, and upgraded finishes.
One of the home's standout features is the oversized 550-square-foot garage with a four-foot extension and epoxy flooring, providing ample space for vehicles, recreational equipment, storage, hobbies, or the golf cart you'll want for exploring everything Babcock Ranch has to offer.
Beyond your front door, residents enjoy resort-style pools and spas, pickleball and tennis courts, basketball courts, fitness centers, fishing piers, dog parks, playgrounds, miles of scenic walking and biking trails, and a vibrant town center featuring dining, shopping, entertainment, and community events throughout the year. Soccer enthusiasts will appreciate the community's athletic fields and organized leagues, while golf cart-friendly streets create a unique sense of connection and convenience.
This immaculate, nearly new home offers the rare opportunity to enjoy all the benefits of new construction without the wait, while living in one of Southwest Florida's most innovative and sought-after communities.
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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 |
|---|---|---|---|
| Oct 30, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Price Decreased |
$384,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| May 15, 2026 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Apr 9, 2026 | Price Decreased |
$399,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017