16423 SAWGRASS DRIVE
About This Property
The gourmet kitchen is the heart of the home with upgraded counters, designer backsplash, stainless steel appliances, a large island, and table space overlooking the bright family room with a gas fireplace. The dining room-currently used as an office-adds versatility and charm.
The primary suite is spacious and serene, offering a walk‑in shower with seating, dual sinks, and modern lighted mirrors. The second full bath mirrors the same clean, modern finishes.
Outdoor spaces shine: a welcoming front porch, screened back porch, patio, landscape lighting, irrigation, and peaceful wooded/marsh views. Premium lot with excellent curb appeal. A truly move‑in ready home in a sought‑after community.
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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 |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$729,900
↓ $9K
(1.2%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$738,900
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Jul 6, 2026 | Price Decreased |
$744,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$749,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| May 3, 2026 | Price Decreased |
$754,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017