16507 SETTLERS WAY
About This Property
The spacious kitchen flows seamlessly into the dining and living areas, creating the perfect gathering space for family and friends. Large windows fill the home with natural light, while the split-bedroom layout provides privacy for owners and guests alike. The primary suite serves as a relaxing retreat with a tray ceiling, generous walk-in closet and well-appointed ensuite bath.
Enjoy Florida living year-round from the covered lanai overlooking the lake, where peaceful water views create the perfect backdrop for morning coffee or evening relaxation. Additional highlights include a two-car garage, laundry room, impact-resistant windows, and Meritage Homes' signature energy-efficient construction designed to help reduce utility costs while enhancing comfort.
Crescent Lakes offers a central Midtown location, adjacent to the fishing lagoon and the PKWY system of parks and nature trails. This gated neighborhood has a private community pool, pickleball courts, and a basketball court for residents to enjoy.
Located within America's first solar-powered town, residents enjoy access to Babcock Ranch's exceptional amenities, including parks, trails, community pools, shopping, dining, schools, and a vibrant calendar of community events. Experience a lifestyle centered around sustainability, wellness, and connection-all within one of Southwest Florida's most innovative master-planned communities.
Schedule your private showing today and discover why so many are choosing to call Babcock Ranch home.
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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 |
|---|---|---|---|
| Jul 27, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 18, 2026 | Listed by EXP REALTY LLC | $373,090 | |
| Listed by EXP REALTY LLC | |||
| Jun 11, 2026 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
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Price/ft²
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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017