31 TIMBER LIGHT Trail
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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, 2026 | Sold | ||
| Sold | |||
| Jan 10, 2026 | In contract | - | |
| In contract | |||
| Jan 3, 2026 | Price Decreased |
$499,900
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Nov 25, 2025 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $515,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
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*** Accepting Back Up Offers*** Welcome to gated 55+ Del Webb Nocatee! Located a short walk from the beautiful Canopy Club & amenities including a restaurant & bar- an exceptional amenity no other nearby community can offer, this rare premium WATER FRONT Villa features one level living, an open floor plan with 2 beds, 2 baths, an office/flex room & a gorgeous water view. Additional features include wood look tile floors (NO CARPET), a gourmet kitchen with SS Kitchen Aid appliances, quartz countertops, tile backsplash & soft-close cabinets; a screened lanai, water softener, epoxy garage floor, overhead garage shelving & a paver driveway. The Canopy Club features two outdoor pools, clubs, activities & exercise classes to keep you active and living your best life! DWN offers easy access to Nocatee's trails, parks, courts, water parks, a monthly farmer's market, shopping & restaurants and is only a short drive to the beach! Nocatee is a golf-cart friendly community!
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| Apr 29, 2024 | Sold | ||
| Sold | |||
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About Nocatee
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$4,950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017