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18135 CHERISHED LOOP
About This Property
Welcome home to the Topaz. This villa's floorplan includes three bedrooms, two bathrooms, and a two-car garage.
Enter in from the extended entryway, perfect for sipping your morning coffee, and head straight in the front door and into the heart of the home. An bedroom is tucked into the side.
A kitchen awaits with a large center island, beautiful cabinetry, an abundant amount of countertop space, and a pantry to provide extra storage. Across the kitchen is the dining area, followed by the large great room. Sliding glass doors cover the back wall and open to the covered lanai.
The owner's suite shares this wing of the house. The bedroom leads into the bathroom with dual vanities, a walk-in shower, and a spacious walk-in closet.
Nestled in the front of the Topaz are a bedroom and a full bathroom. A utility room sits beside the bathroom, creating great accessibility to the rest of 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 |
|---|---|---|---|
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$399,999
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jun 26, 2026 | Price Decreased |
$409,999
↓ $30K
(6.8%) | |
| Price Decreased | |||
| Mar 17, 2026 | Listed by FLORIWEST REALTY GROUP, LLC | $439,999 | |
| Listed by FLORIWEST REALTY GROUP, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017