39 Suwannee Drive
About This Property
Designed for both daily comfort and gracious entertaining, the open floor plan unfolds beneath soaring 10-foot ceilings, with recessed lighting and luxury vinyl plank flooring lending a polished, cohesive finish throughout. The chef's kitchen serves as the home's centerpiece -- anchored by an expanded quartz island, custom soft-close cabinetry, and a full suite of Bosch stainless steel appliances, including a gas range with vented hood, built-in microwave drawer, and refrigerator. The adjoining living area is warmed by a gas fireplace with a custom mantel, while thoughtful details such as crown molding, modern ceiling fans, and custom closet and pantry shelving elevate every corner of the home.
Step outside to a screened rear porch with heirloom brick flooring, opening to a private, fully fenced backyard -- an ideal setting for relaxed evenings or weekend gatherings. Practical highlights include a two-car garage, tankless water heater, and an irrigation system for low-maintenance living.
Residents of Longleaf Park enjoy access to Watersound Origins' exceptional amenities, including a resort-style pool, fitness center, golf course, and an extensive trail network woven through the community's natural surroundings -- all moments from the dining, shopping, and beaches of Scenic 30A.
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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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| May 30, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Price Decreased |
$789,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Feb 19, 2026 | Price Decreased |
$799,000
↓ $6K
(0.8%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$805,000
↓ $14K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017