16154 Preservation Boulevard
About This Property
Brothers community of single-family homes. As the owner of this newly built home on Lake
Babcock you have an opportunity to build a private dock for sailing, manual or electric boats
or just to lounge enjoying stunning sunsets and cool breezes. This most popular floorplan, the Coastal Modern Tamami greets you with double frosted glass doors leading to a gracious hallway, two bedrooms
sharing a full bath, additional on suite guest room, and huge master bedroom/bathroom
totaling 4 bedrooms and 4 bathrooms. Bursting with natural light shining on the alluring
porcelain floors throughout. This open concept home has too many upgrades to list. You
must see this luxurious salt water heated pool, panoramic super screen, a choice 14 colors of
lighting, including a sun shelf with 2 loungers, an interior bench for relaxing, 2 fountains,
Tahoe finishing, auto fill and auto overflow. Operated from any location by your cell phone. 3
car garage and abundant storage space. Available as quick move in, furniture is negotiable. Every Friday and Saturday there are food trucks with live music and Sunday's Farmer's Market. Babcock Ranch is resort style living to the fullest with all of the amenities. Not located in a flood zone. Sustainability against hurricanes is key in FL and Babcock Ranch has proven that with Ian and Milton. No loss of power, no flooding, built with the most current hurricane building code standards. Quick move in and no reasonable offer refused
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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 |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Oct 28, 2024 | In contract | - | |
| In contract | |||
| Oct 13, 2024 | Price Decreased |
$1,099,999
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Oct 4, 2024 | Relisted | $1,150,000 | |
| Relisted | |||
| Sep 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Charlotte
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,685 ft²
$2,800 /mo
- 4 Beds
- 2 Baths
- 1,964 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017