232 SUTTON Drive
About This Property
Just a short walk to Pine Island Academy, this soaring 2-story floor plan delivers that WOW factor with an open loft overlooking the expansive Great Room and dining area. The natural light pours in through added windows, creating a warm, airy feel throughout the main living spaces.
✨ Highlights include - Downstairs Owner's Suite with tray ceiling and sitting room. Spacious open loft + private pocket office - perfect for work or play. Elegant 8' two-panel coastal-style doors. Designer finishes and tray ceilings. 2-car garage and thoughtfully designed layout for the Nocatee lifestyle. Floor plan available in documents. Photos of similar home.
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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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Price Increased |
$669,900
↑ $10K
(1.5%) | |
| Price Increased | |||
| May 17, 2025 | Price Decreased |
$659,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Mar 16, 2025 | Listed by RICK WOOD & ASSOCIATES INC | $669,900 | |
| Listed by RICK WOOD & ASSOCIATES INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017