128 UNION HILL Drive
About This Property
Inside, an open-concept layout connects the living, dining, and kitchen areas, anchored by a large center island, a gas range, stainless steel appliances, a tile backsplash, and abundant cabinet space. A separate home office offers dedicated space for remote work or study adjacent to the main living area. Plantation shutters and new carpet round out the interior. Step outside to an extended patio and screened lanai, ideal for year-round Florida living, with a fenced backyard offering partial pond views.
The oversized driveway provides exceptional guest parking, a rare find in Nocatee. Golf cart-friendly streets put you roughly 0.6 miles from Crosswater Park, with access to a community pool, pickleball courts, lap pool, splash park, spray park, and fitness amenities. Nocatee Town Center shopping and dining are minutes away, with Ponte Vedra Beach a short drive from your front door.
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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 | |||
| Sep 8, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Price Decreased |
$549,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jul 18, 2026 | Price Decreased |
$559,000
↓ $8K
(1.4%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Decreased |
$567,000
↓ $3K
(0.5%) | |
| Price Decreased | |||
Property Highlights
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About Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017