16029 Mulrion Boulevard
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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%.
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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 |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by EXP REALTY LLC | $385,000 | |
| Listed by EXP REALTY LLC | |||
| | |||
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Welcome to 16029 Mulrion Blvd — a beautifully crafted 4-bedroom, 2-bath Sweetwater floor plan by semi-custom builder William Ryan Homes, and packed with upgrades. Located in the gated Sanctuary neighborhood of Babcock Ranch, this home offers the perfect blend of comfort, design, and access to the great outdoors. Step inside to discover an open-concept layout with soaring 11-foot ceilings in the great room, sleek 5" baseboards, and tile flooring throughout — no carpet in sight. The kitchen features elegant quartz countertops, high end appliances, a large island, and views into the main living area, making entertaining easy and everyday living seamless. The dedicated dining area provides space for family meals or intimate gatherings. Enjoy morning coffee on the oversized front porch and relax in the shade of the extended lanai, all while taking in peaceful south-facing lake views from the backyard. The home is built with impact glass throughout, offering safety, peace of mind, and energy efficiency. Outdoorsy types will love the easy access to Babcock Ranch Parkway, which connects you to six different parks and 3.5 miles of trails — perfect for biking, jogging, or sunset strolls. And coming soon: The Sanctuary’s private resort-style amenity center with a pool and pickleball courts. With low-maintenance living, a two-car garage, and HOA fees of $371/month that include access to all of Babcock Ranch’s award-winning infrastructure, this is an ideal home for snowbirds, families, or anyone ready to enjoy Florida living with a modern twist.
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| Mar 20, 2024 | Listed by Non-MLS Office | $467,639 | |
| Listed by Non-MLS Office | |||
Property Highlights
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Price/ft²
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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017