20861 CATTAIL BOULEVARD
About This Property
Welcome to this stunning, like-new waterfront home offering upgrades not found in new construction. This exquisite 4-bedroom, 3-bathroom property is designed to impress, featuring a beautifully renovated gourmet kitchen with top-of-the-line smart appliances, including an induction cooktop, built-in oven, 4-door refrigerator, and an expansive Pompeii quartz island-a true centerpiece. The same luxurious quartz is also featured in all bathrooms.
The thoughtful split-floor plan offers 3 private bedroom zones, ideal for families or hosting guests. Step outside to the extended lanai, perfectly equipped for an outdoor kitchen and offering breathtaking lake views with space to add a pool. The home's exterior boasts high-end features, including a durable tile roof, pavers, gutters, and irrigation using reclaimed water.
Inside, you'll appreciate the details: no carpet throughout, elegant designer wainscoting, crown molding, and ceiling fans in every room. The primary suite includes double walk-in closets, a spa-like bathroom with a makeup station, a lighted mirror, and designer sinks. The laundry room is a dream with built-in cabinetry and oversized washer/dryer for double loads. The garage is equally impressive, featuring a checker vinyl floor, built-in storage cabinets, an electrical panel for a generator, EV-ready Stage 2 and 3 charging ports, and a pull-down attic for extra storage.
Additional upgrades include solar lighting, an Ecowater whole-house filtration and softening system, and low-maintenance landscaping covered by the HOA. This boutique neighborhood offers no CDD fees and a prime location near I-75 and Wellen Park. Plus, this home sustained no damage from any recent hurricanes.
Schedule your private tour today and discover the perfect blend of luxury and functionality!
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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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Price Decreased |
$470,000
↓ $25K
(5.1%) | |
| Price Decreased | |||
| Mar 17, 2025 | Price Decreased |
$495,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Mar 7, 2025 | Price Decreased |
$520,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017