16920 PELHAM PLACE
About This Property
Bedrooms: 2 spacious bedrooms plus a den
Bathrooms: 2 full baths
Kitchen: Bright wood cabinets, granite countertops, gas stove, and walk-in pantry
Living Space: Open floor plan connecting kitchen, great room, and lanai
Owner's Suite: Offers serene lake views, dual sinks, walk-in glass shower, and a spacious walk-in closet
Den: French doors for a perfect home office or additional living space
The home also features a welcoming foyer, oversized laundry room, and a 2-car garage with tandem space for a golf cart.
Community Amenities
Enjoy an active lifestyle with world-class amenities, including:
6 Har-Tru tennis courts
8 pickleball courts
Outdoor pools and spa
State-of-the-art fitness center
Library, arts and crafts room, catering kitchen, and bistro restaurant
With HOA fees covering all lawn maintenance and gated entrance security, living here is convenient and stress-free. Plus, Lakewood Ranch shopping and dining are just a short drive away. Experience vibrant living amazing location, lakefront lot and enjoy everything this community has!
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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 |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Price Decreased |
$599,500
↓ $50K
(7.8%) | |
| Price Decreased | |||
| Mar 19, 2025 | Price Decreased |
$649,950
↓ $20K
(3%) | |
| Price Decreased | |||
| Feb 25, 2025 | Price Decreased |
$669,950
↓ $5K
(0.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017