18039 CHERISHED LOOP
About This Property
The heart of this lovely abode features a cozy den perfect for relaxation or work, which has doors for maximum privacy. The kitchen is a delight with its large center island, beautiful cabinetry, ample counter space, and a pantry to ensure sufficient storage.
Next, you'll find the dining area followed by the spacious great room that boasts sliding glass doors on the back wall. These doors open up to an enchanting covered lanai, providing you with endless opportunities for entertaining or simply enjoying the outdoors.
The luxurious owner's suite is located in a separate wing of the house, offering privacy and relaxation. The bedroom seamlessly connects to the bathroom that comes equipped with dual vanities, a walk-in shower, and a roomy walk-in closet.
At the front lies another bedroom and a complete bathroom for your convenience. Just beside this is the utility room, allowing easy accessibility to other parts of the house.
With its two bedrooms, two bathrooms, den, and two-car garage, the Topaz offers both style and functionality in one magnificent package!
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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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Price Decreased |
$449,999
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Jun 17, 2025 | Listed by PREFERRED SHORE LLC | $479,999 | |
| Listed by PREFERRED SHORE LLC | |||
| Jun 11, 2025 | Price Decreased |
$487,999
↓ $12K
(2.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017