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16325 TRADEWIND TERRACE
About This Property
exceptional Summerville floor plan. This impressive home features a spacious layout perfect for entertaining and family living. This home features an open-concept design, including a living room, formal dining room, a modern kitchen with granite countertops and stainless steel
appliances, and a covered lanai. Situated in the sought-after Lorraine Lakes community
at Lakewood Ranch, residents enjoy access to a gated entrance, a resort-style swimming pool, a state-of-the-art fitness center, tennis and
pickleball courts, and a grand clubhouse. This is an incredible opportunity to own a professionally decorated model home in a community with Some photos are for display only - Please Verify home and decor
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Increased |
$809,950
↑ $10
(0%) | |
| Price Increased | |||
| Jan 7, 2026 | Price Decreased |
$809,940
↓ $7K
(0.9%) | |
| Price Decreased | |||
| Sep 30, 2025 | Listed by FINE PROPERTIES | $816,950 | |
| Listed by FINE PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017