18154 CHERISHED LOOP
About This Property
Welcome home to the Emerald. This home is an elegant villa that includes two bedrooms, two bathrooms, a den, and a two-car garage.
As you step into the home, a foyer opens to the main living spaces. A den sits right off the entryway for a quiet home office or study.
A kitchen lies along one wall and opens directly into the dining space. Behind that, a great room sits with a tray ceiling to create more distinct spaces.
The owner's suite can be found off the great room-the perfect space for ultimate relaxation! This room features a large walk-in closet and a bathroom with dual vanities and a walk-in shower. There is plenty of space to spread out here!
A second bedroom and bathroom make for a perfect guest suite.
Sliding glass doors line the back of the home and open to a covered lanai, giving you a great view of the Florida outdoors.
Sweetwater Villas is ideally located right off the new 44th Avenue East, with the bridge now open, offering residents a lower-traffic, direct route to nearby workplaces, schools, major roadways, and beautiful Gulf Coast beaches.
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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 |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Dec 24, 2025 | Listed by FLORIWEST REALTY GROUP, LLC | $399,999 | |
| Listed by FLORIWEST REALTY GROUP, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017