16824 Harvester TERRACE
About This Property
Step outside to your private covered lanai, where you can enjoy your morning coffee while taking in the tranquil views of the pond and lush preserve. Whether starting your day or unwinding in the evening, this peaceful setting offers the perfect backdrop for relaxation and outdoor living. Set on a premium water and conservation lot, this home offers a serene and private backyard retreat with no rear neighbors. Inside, you'll love the open-concept floor plan, featuring a gourmet kitchen with stainless steel appliances and a large island-perfect for entertaining. The primary suite includes a garden tub, stand-alone shower, dual sinks, a private water closet, and a huge closet.
Located just a short stroll from the community coffee shop, pool, and workout centers, this home puts you close to all the amenities that make Star Farm such a sought-after neighborhood. Plus, you'll be part of the Lakewood Ranch lifestyle, with its top-rated schools, parks, and miles of trails.
This home handled Helene and Milton like a champ with zero home damage. And when the skies opened up and dropped down more rain in 24 hours than it had in 100 years, the ponds and drainage system worked just as it was designed to zero flooding.
Don't miss out on this opportunity to own this gorgeous, Move-in Ready, BRAND NEW home in one of the hottest neighborhoods in Lakewood Ranch! Warranty transfers with the home.
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Price Decreased |
$695,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Nov 13, 2024 | Price Decreased |
$715,000
↓ $13K
(1.8%) | |
| Price Decreased | |||
| Oct 18, 2024 | Price Decreased |
$728,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017