317 DEER RIDGE Drive
About This Property
Situated at the end of a tranquil cul-de-sac, this waterfront home offers serene views and privacy. Step inside to discover a grand foyer and home office, welcoming guests with warmth and sophistication. The spacious gathering room and dining area flow seamlessly into the gourmet kitchen, featuring premium appliances and a center island. From here, step out onto the covered lanai with a summer kitchen, perfect for outdoor entertaining and enjoying the Florida lifestyle. The expansive main suite is a true retreat, complete with an elegant ensuite bath and two walk-in closets. Two additional bedrooms share a hall bath in a private wing of the home, while an upstairs bonus room with a full bath and bedroom offers versatility and additional space.
Conveniently located near top-rated schools and Nocatee amenities, including beaches, nature trails, and the Nocatee Town Center, this home promises a vibrant and active lifestyle. Don't miss the chance to experience luxury living in one of Florida's most coveted communities. Schedule your showing today and make 317 Deer Ridge Dr. your new address for refined coastal living.
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Cap Rate Calculator
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 12, 2024 | Sold | ||
| Sold | |||
| Jun 8, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Price Decreased |
$1,100,000
↓ $25K
(2.2%) | |
| Price Decreased | |||
| May 16, 2024 | Price Decreased |
$1,125,000
↓ $25K
(2.2%) | |
| Price Decreased | |||
| Apr 5, 2024 | Listed by EXP REALTY LLC | $1,150,000 | |
| Listed by EXP REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017