16121 Sabal Path
About This Property
This home is just a short distance to the community pools, mailboxes, lake, school, pickleball courts and more! With over $20k in added upgrades that the builder's are sure to not be offering! Upgrades include, custom master bedroom closets, shower glass sliding doors on all tubs, tinted front window and front door to reduce heat, added front patio that most Sylvester's do not offer, extended driveway for easier double vehicle parking, garage overhead racking system, custom living room entertainment set with relaxing fireplace & added bookshelves, hanging chandeliers and overhead fans in all rooms, tile through home (no carpet to clean!), bathroom/kitchen granite counter tops, kitchen glass backsplash, master shower water filtration head, crown molding in living areas, epoxy coated garage, all updated bathroom light fixtures, tankless hot water heater allowing more garage space, a home surge protection system for storms, and so much more. This home is located in one of the lower HOA communities in Babcock Ranch!
Babcock Ranch is America's first solar-powered town, featuring its own K-12 school, ample parks for kids and dogs, shopping and dining and more to come. Did you know Babcock Ranch was one of the only neighborhoods that did not flood during a hurricane making it the most desirable community to live in! Located just off rt 31 close to the airports and I-75. This is a home you don't want to miss! Schedule your private showing today!
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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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| May 10, 2025 | Relisted | $385,000 | |
| Relisted | |||
| Apr 21, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Price Decreased |
$385,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
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