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1616 Sweetbay Drive
About This Property
The heart of the home is the open-concept kitchen and living room, where towering windows flood the space with natural light and showcase a gorgeous view of the backyard. A striking fireplace serves as the focal point, perfect for cozy gatherings. The chef's kitchen is designed to impress, featuring a massive marble island, designer lighting, six-burner cooktop, double ovens, premium appliances, a walk-in pantry, seamless access to the dining room, and an inviting eat-in breakfast nook for everyday dining.
The luxurious primary suite is generously sized-offering room for a private seating area or office-while the spa-like bathroom retreat wows with a freestanding tub, walk-in shower, and dual walk-in closets.
Ascend the curved staircase to discover an oversized game room, media room, wet bar, and four spacious secondary bedrooms-ideal for both entertaining and everyday living.
Step outside to your own backyard oasis, complete with an extended patio, sparkling pool, flowerbeds, and additional green space along the side yard. A three-car tandem garage with driveway access completes this perfect home.
All just minutes from Celebration Park, premier shopping, and dining.
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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 |
|---|---|---|---|
| Aug 12, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by Coldwell Banker Realty Frisco | $835,000 | |
| Listed by Coldwell Banker Realty Frisco | |||
| Oct 7, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 18, 2025 | Price Decreased |
$840,000
↓ $20K
(2.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017