2015 NW 89TH DRIVE
About This Property
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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 |
|---|---|---|---|
| Aug 18, 2026 | Price Decreased |
$485,000
↓ $14K
(2.8%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | $499,000 | |
| Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | |||
| May 29, 2026 | Listed by FLORIDA HOMES REALTY & MORTGAGE | $538,000 | |
| Listed by FLORIDA HOMES REALTY & MORTGAGE | |||
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A new roof is coming soon! Rarely does a home become available in the highly desirable Chelsea Lane community. Showcasing timeless architecture, upscale finishes, and exceptional craftsmanship throughout, this impressive residence offers the perfect blend of luxury, comfort, and refined living. With 4 bedrooms, 3 bathrooms, a huge Florida room, and a versatile bonus room, there is abundant space for everyone.
From the moment you enter, soaring 12-foot ceilings, elegant architectural details, and an expansive open layout create a grand yet welcoming atmosphere. Designed for both everyday living and entertaining, the home features a formal living room, elegant dining room, and a stunning family and kitchen great room anchored by custom built-ins and a cozy fireplace.
The chef-inspired kitchen is beautifully appointed with gleaming granite countertops, solid wood cabinetry, and stainless steel Energy Star appliances, offering both beauty and functionality.
Privately situated, the luxurious owner’s suite serves as a true retreat with tray ceilings, dual walk-in closets, and a spa-like ensuite bath featuring double vanities, a deep jetted tub, and a separate walk-in shower. A nearby guest bedroom provides the ideal space for a nursery, or an executive home office.
On the opposite side of the home, two generously sized bedrooms provide comfort and privacy with convenient access to one of two well-appointed guest bathrooms. A massive Florida room further enhances the home’s impressive living space and flows seamlessly into the versatile bonus room ideal for guest accommodations, a media room, fitness space, or additional office.
Double French doors open onto an expansive screened lanai with ample space for multiple seating areas, outdoor dining, grilling, and even a ping pong table, creating an exceptional setting for year-round entertaining and relaxed Florida living.
Constructed with steel studs for added strength and storm readiness, this meticulously maintained home combines enduring quality with elegant design. Additional highlights include a very low HOA fee, close proximity to top-rated Alachua County schools, and convenient access to Gainesville, Tioga Town Center, premier shopping, dining, and entertainment.
This is a rare opportunity to own a distinguished home in one of the area’s most desirable neighborhoods. Schedule your private tour today!
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| Dec 4, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | $329,900 | |
| Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | |||
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About Alachua
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017