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18845 CHERRYSTONE WAY
About This Property
membership. Savor a delectable meal at the club's restaurant, enjoy your favorite drink at the bar or unwind by the pool under the warm Florida sun. Whether you're hitting the links or relaxing with friends, life is undeniably great at Calusa Country Club. Step through the grand entry of this sprawling 3,025 square foot home and discover an effortlessly flowing design tailored for both everyday living and spectacular entertaining. The heart of the first floor features a gourmet kitchen equipped with a sleek gas cooktop, quartz countertops and a full suite of stainless steel appliances-perfect for culinary adventures. Entertain in style in the formal dining room or unwind in the open Great Room illuminated by LED recessed lighting and 2" designer window blinds. Retreat to the expansive owner's suite on the first floor, featuring a spa-inspired bathroom with a walk-in shower and designer fixtures. With three bedrooms downstairs and every closet and bath adorned with thoughtful touches, comfort abounds. Upstairs, an airy bonus room awaits-complete with its own wet bar for game days or movie nights. Take the party outdoors under the covered porch, with the option for a summer kitchen, and enjoy total peace of mind thanks to hurricane impact windows and a three-car garage with a hurricane-rated door. Homes of this caliber and design are in high demand-seize this opportunity before it's gone! Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes onl. Estimated delivery date is June/July 2026.
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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 28, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Relisted | $1,127,920 | |
| Relisted | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Price Increased |
$1,127,920
↑ $10K
(0.9%) | |
| Price Increased | |||
| Feb 20, 2026 | Listed by LENNAR REALTY INC | $1,117,920 | |
| Listed by LENNAR REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017