232 UNION HILL Drive
About This Property
Thoughtfully curated with flexibility in mind, this two-story residence features a highly desirable upstairs bed room with a full bath--ideal as a private guest retreat, executive home office, media lounge, or multigenerational suite.
The home's setting is equally impressive. An easement on one side provides enhanced privacy and additional green space, while peaceful pond views create a serene backdrop from the covered, screened lanai. The fully fenced backyard offers versatility for outdoor gatherings, pets, or future customization.
Inside, timeless tile flooring anchors the main living areas, while plush carpet adds comfort to each bedroom. The spacious primary suite showcases a frameless, doorless walk-in shower and a thoughtfully designed walk-in closet with direct access to the laundry room for seamless daily living.
Meticulously cared for by its original owners, the home includes premium upgrades such as an epoxy-coated garage floor, overhead storage racks, and a water softener systemdelivering both style and function.
Positioned within one of Nocatee's most desirable neighborhoods, this residence combines luxury finishes, intelligent design, pond views, privacy, and modern conveniencesan exceptional opportunity in Northeast Florida's premier master-planned community.
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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 |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Price Decreased |
$729,000
↓ $16K
(2.2%) | |
| Price Decreased | |||
| Apr 29, 2026 | Price Decreased |
$745,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Feb 18, 2026 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $765,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
Property Highlights
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About Nocatee
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$3,000 /mo
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017