36 PINE MANOR Drive
About This Property
Live the Lifestyle!! This Beautiful, 4-bedroom, 3-bathroom, ICI home, greets you with a paved walkway and driveway, and a large front porch with plenty of room for sitting, and you will easily grow accustomed to, and welcome what we like to call a ''Nocatee Breeze''. The open floor plan features extra high tray ceilings, a spacious main living area with hardwood flooring, and gorgeous oversized porcelain tile in all the bedrooms. Large Owner's Suite with Master Bathroom, two California Closets Designed walk-in closets, and three additional large bedrooms. Elegant, gourmet kitchen with granite countertops, and lovely subway tile backsplash, large island, soft-close drawers and cabinets, oversized, walk-in pantry closet, and natural gas cooktop Family room is accented by triple sliding glass doors. Large fenced in rear yard has plenty of room for a pool! Walk-up attic storage space in 3 car garage with high ceilings. Do not miss this fantastic opportunity to live in one of Nocatee's carefully designed neighborhoods -Timberland Ridge! Strategically designed into multiple cul-de-sacs, which add to the serenity of this neighborhood, lovely views of the multiple lakes, and dedicated dog park. As published in Newsweek Magazine (2020/2021); Nocatee is the Best Place to live in the State of Florida! Imagine taking a short golf cart ride to Food Truck Friday, the Farmer's Market on Saturday mornings, Beer & Bingo, and the list goes on and on. Don't forget the basics get to Publix, GreenWise, drycleaner, hair salon, and so many fabulous shops and restaurants just a short golf cart ride away!!! Now the world class Amenities you have heard so much about - the multiple pools, waterparks, tennis, basketball and pickleball courts, playgrounds, dog parks, etc.... Hurry Up Don't Blink you will miss it!!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017