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3016 TOWER OAKS Drive
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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%.
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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.
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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 | Listed by REALTY PROS ASSURED LLC | $598,000 | |
| Listed by REALTY PROS ASSURED LLC | |||
| Jul 7, 2026 | Price Decreased |
$598,000
↓ $17K
(2.8%) | |
| Price Decreased | |||
| May 20, 2026 | Listed by REALTY PROS ASSURED | $615,000 | |
| Listed by REALTY PROS ASSURED | |||
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Virtually Staged. Welcome to 3016 Tower Oaks Drive, a beautifully maintained 5-bedroom plus office, 4-bath home tucked away on a quiet cul-de-sac in desirable Oakleaf Plantation. With over 3,500 square feet of living space and a tranquil lake setting behind the home, this property blends comfort, function, and a relaxed Florida lifestyle. From the foyer, you are greeted by a formal living room and a separate formal dining room, ideal for hosting holidays, dinner parties, or intimate gatherings. The kitchen is the heart of the home, offering solid countertops, stainless steel appliances, marble backsplash, a generous breakfast nook, and ample cabinet storage. Just off the kitchen, a bright lakefront sunroom invites you to slow down and enjoy the view, with sliding doors that open to the lanai and covered patio so you can easily move between indoor and outdoor spaces. The large family room, finished with tiled flooring, provides a comfortable spot for everyday living and features an electric fireplace that adds warmth and ambiance on movie nights or quiet evenings in. On the main level, you will find a convenient bedroom and a nearby pool bath, ideal for guests or multigenerational living. Head upstairs and you will discover a generous second living area finished with bamboo flooring that overlooks the lake, as well as a large dedicated office, creating flexible spaces for work, study, or recreation. The owner's suite offers a private retreat at the end of the day, with a large walk-in closet, double sinks, a sunken soaking tub, and a separate tiled shower. Three additional guest bedrooms and two full bathrooms on the upper level provide plenty of room for family and visitors, with thoughtful separation so everyone can enjoy their own space. Throughout the home, the layout is designed to accommodate both quiet evenings and larger gatherings with ease. Step outside and enjoy one of the home's best features: a covered patio and lanai overlooking the peaceful lake. Whether it is morning coffee, quiet evenings overlooking the water, or weekend barbecues with friends, this outdoor area captures the Florida lifestyle buyers seek. The cul-de-sac location adds an extra layer of privacy and reduces traffic, making it an inviting spot for both relaxation and play. This home has been thoughtfully cared for, with major updates already done for you, including a roof replacement in October 2022 and new A/C units installed in 2024 and 2025, providing comfort, efficiency, and peace of mind. Living here also means enjoying the Oakleaf Plantation lifestyle: resort-style pools, sports courts, fitness facilities, playgrounds, and walking paths, along with convenient shopping, dining, and services just minutes away. All of this surrounds your lakefront home, offering a blend of space, comfort, and amenities that is hard to match.
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| Sep 22, 2011 | Listed by HARRIS REAL ESTATE & ASSOCIATES INC | $191,900 | |
| Listed by HARRIS REAL ESTATE & ASSOCIATES INC | |||
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Beautiful almost new home a cul-de-sac lot with a view of the large pond. 5 bedroom 4 baths, separate dining room, separate living room, family room, equipped kitchen. Oakleaf amenities!
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| Sep 2, 2008 | Listed by AMERICAN REAL ESTATE AND MORTGAGE | $349,000 | |
| Listed by AMERICAN REAL ESTATE AND MORTGAGE | |||
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Beautiful Backyard View to Large Pond and forest preserve area in a cul-de-sac. Firm Price not much negotiation. Mercedes built. (Kayla Cove Model)
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About Oakleaf Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017