279 CONSTITUTION Drive
About This Property
The gourmet kitchen is a chef's dream, featuring a 5-burner gas stove, sleek white cabinetry, stainless steel appliances, and an oversized island with stunning quartz countertops. Added bonus: a Reverse Osmosis system for pure, clean water.
Throughout the home, you'll find beautiful upgrades like wide plank wood-look tile, a custom California closet in the owner's suite, crown molding, high ceilings, and charming shiplap and board-and-batten accents. The living room is equipped with built-in speakers for the ultimate sound experience. Open the triple sliding doors in the family room and double sliding doors in the dining room to reveal an extended covered lanai, perfect for dining and entertaining. The outdoor kitchen, featuring a gas grill, 2-burner cooktop, fridge, and storage, makes this home an entertainer's paradise.
The spacious primary suite offers a large vanity, walk-in shower, and a custom closet designed for optimal storage. The non-conforming 4th bedroom can be easily adapted to suit your lifestyle. The 3-car tandem garage is ideal for storing a golf cart or extra equipment.
Nestled in the vibrant Nocatee community, this master-planned community includes a waterpark, multiple pools, a fitness center, food truck Fridays, social events, and miles of walking and biking trails, all accessible by golf cart!
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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 28, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Price Decreased |
$730,000
↓ $9K
(1.2%) | |
| Price Decreased | |||
| Dec 26, 2024 | Price Decreased |
$738,500
↓ $2K
(0.2%) | |
| Price Decreased | |||
| Dec 13, 2024 | Listed by REAL BROKER LLC | $740,000 | |
| Listed by REAL BROKER LLC | |||
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About Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017