249 DEER VALLEY Drive
About This Property
As you make your way through the grand front entryway, you will be greeted with elegant hardwood floors that flow seamlessly throughout the entire home. The gourmet kitchen is a chef's dream with a 10-foot granite island, top-of-the-line Kitchen Aid stainless steel appliances and a reverse osmosis water filtration system. Luxurious design upgrades throughout the home include rounded archways, crown molding, plantation shutters, and stunning light fixtures. The primary bathroom has a large soaking tub and separate spa shower, while all bathrooms feature granite countertops. The family room has a 12' tray ceiling and a natural gas fireplace with a floor-to-ceiling stone accent wall.
One of the most captivating features of this home is the sublime, private outdoor oasis which is ideal for entertaining guests. The in-ground saltwater pool and spa is complete with dual gas and electric heaters, a sun shelf and an in-water seating area. The custom-designed cabana features a steel roof with a tongue and groove ceiling to offer coverage from the elements over the stacked-stone outdoor kitchen and high top bar. The outdoor kitchen is elevated with rough-cut granite countertops and high-end DCS stainless steel appliances that are suited for the demands of serious cooks. The covered lanai area includes a large loveseat swing and gas fire pit to enjoy. This fully screen-enclosed oasis backs up to a preserve, fruit trees and a stone retention wall adding to the tranquility and privacy of this unique backyard retreat.
Location, Location, Location! The Island at Twenty Mile offers the best of both worlds - exclusivity and convenience. This home is located in the #1 school district in the state of Florida and in the Nocatee master-planned community, which has won numerous awards for its exceptional amenities and lifestyle. Enjoy access to world-class amenities including Splash and Spray water parks, golf cart/walking trails, dog parks, and more!
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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%.
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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.
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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $1,850,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
| Nov 12, 2019 | Sold | ||
| Sold | |||
| Jun 21, 2019 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $950,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
| Dec 6, 2016 | Sold | ||
| Sold | |||
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About Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017