16328 Cabernet Drive
About This Property
Master Bath Mud Set 12 x 24 Package with extended tile to ceiling, Level 6 Painted Maple Pebble Gray cabinets. Upgraded Quartz countertops. 8" spread Moen Faucets. Oversized Mirror Heights.
All secondary baths have beautiful mud set wall tile packages with tile to ceiling. Upgraded Cabinets and upgraded quartz countertops including under mount sinks and 8"moen spread faucets and Oversized Mirrors Beautiful Level IV Argent Oak Cabinets with stacked upper cabinets with glass doors in Kitchen with pot and pan drawer below cooktop. All Stainless Steel KitchenAid appliances including a 36" vented hood above gas cooktop, 42" built in Refrigerator, Double Oven and Dishwasher. Upgraded quartz on counter tops & Island. Upgraded glass tile backsplash. SS Single bowl sink.
Upgraded Level 5 24 x 24 Polished Porcelain tile throughout living area. Engineered wood in Library/Den
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Charles Rutenberg Realty FTL | $1,529,000 | |
| Listed by Charles Rutenberg Realty FTL | |||
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Fall in love with this turnkey, meticulously maintained single-story lakefront home in Seven Bridges. This highly upgraded Summit model offers a split floorpan with 3 bedrooms plus den/office, 3 full bathrooms, gourmet chef's kitchen, formal dining area, and large great room. Escape to the serene backyard oasis with a fully screened-in patio for indoor/outdoor living, heated pool, above-ground spa, and summer kitchen, all while enjoying the beautiful lake view. Additional highlights include a full house generator, brand new washer/dryer, custom closets, designer lighting fixtures, motorized Lutron blinds... no detail has been overlooked! Seven Bridges is Florida living at its finest, with full-service restaurant, pools and spa, fitness center, robust tennis program, pickleball 2025,+more
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| May 1, 2023 | Sold | ||
| Sold | |||
| Feb 27, 2023 | Listed by Keller Williams Realty Boca Raton | $1,299,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017