42187 Hammock Lane
About This Property
This exceptional residence features 5 BEDROOMS, 4 FULL BATHS, a PRIVATE OFFICE, LOFT, SECOND FLEX ROOM, PLANNING CENTER, POCKET GYM, PREP KITCHEN, and a 3-CAR GARAGE. Built with a METAL ROOF, HURRICANE IMPACT WINDOWS & DOORS, and outfitted with premium features including ALEXA® INTEGRATION, JENNAIR® SMART APPLIANCES, MOEN® SMART WATER SYSTEM, SIEMENS EV CHARGER, ANTIMICROBIAL QUARTZ COUNTERTOPS, DUAL DISHWASHERS, and MAINTENANCE-FREE SYNTHETIC TURF, every detail was thoughtfully designed to create a healthier, smarter, and more comfortable lifestyle.
Perfectly situated just a SHORT WALK TO THE LAKE TIMBER RESORT-STYLE POOL & CLUBHOUSE, this exceptional home also enjoys one of the community's LOWEST HOA FEES OF JUST $136 PER MONTH while providing convenient access to FOUNDER'S SQUARE, the exciting B STREET DISTRICT, top-rated schools, parks, lakes, shopping, dining, and miles of scenic walking and biking trails.
This isn't simply another new construction home-it's a TRUE SHOWCASE OF INNOVATION and a rare opportunity to own one of the most technologically advanced homes ever offered in Babcock Ranch.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 9, 2026 | Sold | ||
| Sold | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Listed by Nicklaus Vance | $799,000 | |
| Listed by Nicklaus Vance | |||
| Apr 18, 2024 | No longer available | - | |
| No longer available | |||
| Apr 14, 2024 | Price Increased |
$932,817
↑ $33K
(3.7%) | |
| Price Increased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017