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16287 MELON ROAD
About This Property
The Violet begins with a welcoming foyer that leads into a thoughtfully designed split-bedroom layout. Two generously sized secondary bedrooms are positioned just off the entry and separated by a full bath with a convenient linen closet. At the heart of the home, the open-concept kitchen features quartz countertops, a spacious island, double pantry, and a full complement of stainless steel kitchen appliances, including an ENERGY STAR® side-by-side refrigerator. The kitchen flows naturally into the bright Great Room and dining nook, with ceramic tile flooring extending throughout the main living areas for a cohesive and durable finish.
Privately positioned beyond the main living spaces, the owner's suite features a walk-in closet, ensuite bath with dual vanities, and a walk-in shower. All bedrooms feature carpet for added comfort. A centrally located laundry room with its own linen closet adds everyday functionality, while the rear patio extends the living space outdoors for morning coffee, evening relaxation, or casual gatherings.
Additional highlights include architectural shingles, irrigation, professional landscaping, front and side irrigation, and a two-car garage providing convenient parking and storage. The Smart Home Package includes a Ring Video Doorbell, smart thermostat, keyless entry, and Deako switches. With an oversized lot, thoughtful finishes, functional living spaces, and a full builder warranty, The Violet brings together style, comfort, and lasting value in Royal Highlands. Schedule your private tour today. We can't wait to welcome you home!
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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 |
|---|---|---|---|
| Aug 26, 2026 | Listed by NEW HOME STAR FLORIDA LLC | $289,900 | |
| Listed by NEW HOME STAR FLORIDA LLC | |||
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | Listed | $49,000 | |
| Listed | |||
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Build and build now or buy and hold! Three oversized 20,000 sq ft lots in Royal Highlands Unit 8, Weeki Wachee—just minutes from Weeki Wachee Springs & State Park.
• Lot 14: R01 221 17 3360 0636 0140 – 20,000 sq ft – $49,000
• Lot 17: R01 221 17 3360 0636 0170 – 20,000 sq ft – $49,000
• Lot 18: R01 221 17 3360 0636 0180 – 20,000 sq ft – $49,000
Purchase separately, take two, or all three! Lots 17 & 18 are side-by-side—combine for a 40,000 sq ft homesite. Paved road access, no HOA, no flood zone, peaceful surroundings, and rapid nearby development make this a smart investment in Florida land.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017