16219 TRADEWIND TERRACE
About This Property
Nestled on one of the best preserve-view homesites in Lorraine Lakes, this Sunset model is one of the most popular and in pristine move in ready condition. The home offers privacy, modern upgrades, and access to world-class amenities. Thoughtfully designed for comfort and style, the home features 12-foot ceilings, panoramic sliding glass doors, and an inviting stacked-stone electric fireplace in the great room. The gourmet kitchen is perfect for entertaining, with premium white shaker cabinetry, quartz countertops, a natural gas range, stainless smart appliances, and a matching tile backsplash.
The ideal split-floor plan includes three spacious bedrooms, a versatile den, three full bathrooms, and a separate laundry room. The owner's suite is a true retreat with dual walk-in closets, a spa-sized shower, and private sliding doors leading to the lanai. Outside, the oversized heated pool and spa, surrounded by a 60-foot screened enclosure, offer a private escape with LED lighting, a covered patio, and motorized remote-control privacy shades. A full metal fence and lush mature landscaping.
Located in Lakewood Ranch, the nation's top multi-generational community, this home provides easy access to top-rated schools, dining, shopping, golf courses, parks, and scenic walking trails. Lorraine Lakes offers an impressive 25,000-square-foot clubhouse with a full-service restaurant and bar, a fitness center, an indoor basketball court, and an arcade. Outdoor amenities include resort and lap pools, a splash pad, tennis and pickle-ball courts, a putting green, volleyball and bocce courts, and playgrounds.
Experience the best of Lakewood Ranch living. Schedule a private showing or explore the 3D tour 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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Price Decreased |
$869,900
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Mar 12, 2025 | Price Decreased |
$874,900
↓ $60K
(6.4%) | |
| Price Decreased | |||
| Feb 24, 2025 | Price Decreased |
$934,900
↓ $90K
(8.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017