16205 MEAD STREET
About This Property
3 bedrooms, 2.5 bathrooms AND a large den (with queen size murphy bed) which can easily be used as a 4th bedroom or office. Outside boasts a private covered and screened large patio/lanai with a SWIM SPA for relaxing year-round! Overlooking a serene pond for stunning water views this home has no rear neighbors and has a conservation area to the right to guarantee privacy and nature. The fully fenced yard and landscaped exterior provide a beautiful and peaceful outdoor space for you to relax and enjoy.
This stunning home has been tastefully upgraded including a new roof in 2023, new gutters with leaf guards, screened front entrance, brick paved driveway and back porch, whole house water softener, whole house generator hook up, newer appliances and water heater, upgraded kitchen includes a double over and custom cabinets, engineered wood floors, crown molding, tray ceilings, plantation shutters at all windows. The garage has an a/c unit, epoxy floors and a screen door – enjoy as a man/woman cave or game room! Reclaimed water for irrigation to save on those water bills!
The open plan design features a formal living room/dining room and a family room/kitchen combo. Split bedroom plan with the primary bedroom at the back of the home enjoys multiple windows for natural light. Primary bathroom has two sinks, granite countertops, a large tub and a separate shower. The gourmet kitchen has newer appliances, a double built-in oven, ceramic cooktop and granite countertops lots of cabinet space. There is also a breakfast bar with stools. The furniture is negotiable (except for the primary bedroom) The community has a community pool and a playground. This home has the added convenience of being close to Disney, major attractions and many restaurants, shopping, etc.
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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%.
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 |
|---|---|---|---|
| Feb 25, 2026 | Sold | ||
| Sold | |||
| Feb 10, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Price Decreased |
$449,900
↓ $45K
(9.1%) | |
| Price Decreased | |||
| Jan 23, 2026 | Price Decreased |
$494,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Dec 20, 2025 | Listed by WHEATLEY REALTY GROUP | $499,900 | |
| Listed by WHEATLEY REALTY GROUP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017