18016 CHERISHED LOOP
About This Property
The floorplan unfolds with two generous bedrooms, two beautifully appointed bathrooms, a versatile den, and a convenient two-car garage. The den, tucked away for privacy, offers optional doors, making it an ideal space for a home office or a quiet reading nook.
At the heart of the home, the kitchen is a chef's dream, boasting a large center island, exquisite cabinetry, expansive countertops, and a pantry for additional storage. The open-concept design seamlessly into the dining area and the spacious great room, where sliding glass doors open to reveal a covered lanai, blurring the lines between indoor and outdoor living.
The owner's suite is a true retreat, complete with a luxurious bathroom featuring dual vanities, a walk-in shower, and a spacious walk-in closet. The second bedroom and full bathroom are located at the front of the villa, offering convenience and comfort for guests or family. A well-placed utility room ensures everything is within easy reach.
Situated in a gated, maintenance-free community, this villa is surrounded by the natural beauty of Florida's landscapes. As a resident of Sweetwater, you'll enjoy exclusive access to an amenity center that includes a heated pool, playground, multi-purpose sport court, pickleball courts, a 24-hour fitness room, and a social hall. Villa residents also have their own amenity center with a pool, fitness center, pickleball courts, social hall, and bocce ball.
The community's festival lawn and amphitheater are perfect for afternoon picnics and night-time movie screenings, ensuring that the fun never ends. This is more than just a home; it's a lifestyle. Welcome to your dream abode in the Topaz villa.
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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 |
|---|---|---|---|
| Jun 28, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Price Decreased |
$399,999
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Apr 17, 2025 | Listed by PREFERRED SHORE LLC | $409,999 | |
| Listed by PREFERRED SHORE LLC | |||
| Mar 23, 2025 | Price Decreased |
$429,999
↓ $20K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017