422 CAMEO Drive
About This Property
Inside, the main living area is anchored by a custom feature wall with fireplace, creating a warm and defined focal point within the open layout. The kitchen connects seamlessly to the living and dining spaces, designed for both everyday ease and gathering, with upgraded fixtures, custom storage, and clean, intentional lines.
Storage and organization have been carefully considered across the home. The primary suite offers two fully built-out walk-in closets, while each additional bedroom also includes walk-in storage with custom organization. Solid core doors, wood trim detailing, and a remodeled family room and guest bath continue the consistent level of finish throughout. The home is also equipped with a full smart home system, including Google Home integration in every room and a camera security system, along with a whole house dehumidifier, conditioned attic space, and water conditioning system.
Outdoor living has been expanded into a true extension of the home, with a large screened lanai featuring a fireplace, full outdoor kitchen, and an extended paver patio designed for both quiet evenings and hosting. The setting offers privacy, flexibility, and space for future enhancements.
Located within Del Webb Nocatee, residents have access to a private amenity center with pickleball, fitness, pool, and an active social environment, all positioned close to shopping, dining, healthcare, and the beach.
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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.
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About Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017