16616 Collingtree CROSSING
About This Property
Neal Signature Homes, crafted in 2021. This luxurious residence offers unparalleled flexibility to
suit your unique needs. One of its standout features is the versatile "in-law suite," which can be
adapted for various uses: whether you need a third garage for a golf cart, a workshop, craft
room, library, playroom, bike or motorcycle storage, or a home gym---the possibilities are
endless.
Spanning 2,941 sq. ft., this home showcases luxury wood-like plank style flooring throughout
and is located in the highly sought-after community of Country Club East within Lakewood
Ranch, the nation's premier multi-generational development. Set on a serene preserve lot, this
exquisite 3-bedroom, 3.5 bath residence includes an oversized bonus room, perfect for
entertaining or creating your ideal living space. The unique "in-law" suite offers privacy and
comfort with its own ensuite, making it an ideal retreat for guests or multi-generational living.
The stacked stone front entrance sets the tone for this luxurious home, welcoming guests to a
grand foyer with glamorous chandeliers and coffered ceilings. Entering the main living area,
you'll be greeted by a gourmet kitchen and a great room adorned with expansive
windows that bathe the space in natural light. Every detail reflects a commitment to modern
design and luxurious upgrades.
The open gourmet kitchen is a culinary enthusiast's dream, featuring GE Profile appliances with
slate finish, 42" upper cabinets (some with glass inserts and lighting), a gas stovetop with a 36"
hood, beveled-edge quartz countertops, built-in convection oven, microwave, soft-close
drawers, pullout shelves, wine cooler, and an island spacious enough to comfortably seat six.
The river stone quartz mosaic backsplash, extending to the ceiling, is a true showstopper.
The owner's retreat is nothing short of impressive, with a spa-like ensuite showcasing an
oversized full glass shower with rain heads and handhelds, dual sinks, and a separate water
room. The custom walk-in closet offers ample space, complete with built-in cabinets and
shelves.
Elegant touches such as crown molding, 5 ¼ baseboards, and coffered ceilings enhance this
exceptional residence. Additional features include plantation shutters, a home security system,
8' 6-panel interior doors, an in-ceiling audio video system, impact glass, motorized window
shades in the great room and owner's retreat, a whole-home air cleaner, a new upgraded
Daikin A/C unit, an in-wall pest control system, a tankless water heater, and a laundry room
equipped with cabinets, shelving and a sink.
Step outside to the massive extended lanai featuring a heated European boutique style pool,
where Floridians relish their leisure time. The outdoor kitchen is complete with a grill and
refrigerator but leaves ample space for lounging or outdoor dining, while a gas firepit ensures
cozy evenings. With the lanai facing west, you'll enjoy the privilege of witnessing the
spectacular sunsets Florida is renowned for.
Seize this rare opportunity to own your own piece of paradise! Schedule your viewing today
and make this stunning Carlotta Model your own.
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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 |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Sep 23, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Relisted | $1,150,000 | |
| Relisted | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 20, 2024 | Price Decreased |
$1,150,000
↓ $99K
(7.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017