33
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16337 TRADEWIND TERRACE
About This Property
Owned by an investor and never occupied, this home has been maintained as a builder leaseback model, presenting in exceptional condition with designer-selected finishes, upgraded details, and model-quality furnishings throughout. The open-concept floor plan features a spacious kitchen with quartz countertops, stainless steel appliances, a large center island, and an abundance of cabinetry, all flowing seamlessly into the dining and great room areas.
The owner's suite offers a luxurious retreat with dual vanities, a walk-in shower, and an oversized walk-in closet. Three additional bedrooms and two full guest baths provide plenty of space for family and visitors. Sliding glass doors lead to the covered lanai where the private pool and spa create the perfect setting for relaxing or entertaining year-round.
Located within the highly sought-after gated community of Lorraine Lakes, residents enjoy world-class amenities including a resort-style pool, fitness center, tennis courts, pickleball courts, basketball, clubhouse, restaurant, social activities, and more.
Furniture is negotiable, making this an outstanding opportunity for a primary residence, seasonal home, or investment property. Rarely does a never-lived-in former model home with a private pool and spa become available in Lorraine Lakes. Schedule your private showing today!
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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 12, 2026 | Listed by FINE PROPERTIES | $709,999 | |
| Listed by FINE PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017