384 STONE RIDGE Drive
About This Property
home located in the highly sought-after Twenty Mile Community in Nocatee. This
home, built by Providence Homes and Energy Star Certified, combines modern
elegance with top-tier energy efficiency and thoughtful upgrades throughout. Pre-
installed gas line in the family room for a future fireplace and on the back patio for
effortless grilling. You'll love the tech-forward living with elevated electrical outlets for
TVs (office and patio), in-wall TV auxiliary connections in the family room, and media
tubing for audio/video equipment (hall closet). Your premium water system features a whole-house water softener and reverse osmosis drinking water. The designer kitchen
includes custom cabinets, a five-burner gas cook top, wall ovens, beverage refrigerator, a unique, oversized
kitchen island plus with a custom walk-in pantry. Laundry access from primary closet. Indoor-Outdoor living is a reality with a screened lanai and extended patio. Upgrades galore! Nocatee hosts a world class water park and playground, miles of fitness trails and dog parks, while surrounded by St Johns County A+ schools. You will be spoilt with your choice of restaurants and nearby shopping. Our fabulous beaches are just a short drive away. Welcome home!!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017