24741 DEER TRACE Drive
About This Property
Stunning Water Views from the expansive balcony. The backyard is a serene retreat w/ pool and plenty of covered space perfect for entertaining. This prime location combines luxury living with natural beauty, offering easy access to everything Ponte Vedra Beach has to offer. Just minutes from healthcare, world-renowned Mayo Clinic, pristine beaches, upscale shopping, and fine dining options. Whether you're soaking in the tranquil surroundings or entertaining in style, this high & dry gem is unlike anything else on the market & won't last long! Schedule a private viewing today before it's too late Complimentary social membership initiation to Marsh Landing Country Club and the Yards Pickleball, Tennis and Golf included.
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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 |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | Listed by MARSH LANDING REALTY | $2,399,000 | |
| Listed by MARSH LANDING REALTY | |||
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About Palm Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017