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Laurel 34275 Nokomis Oaks
508 Jenny DRIVE
$634,900
● House - Off Market

508 Jenny DRIVE

NOKOMIS, FL 34275
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,974 Ft²
$3,556
Est. Monthly
$83
HOA / Fees
4.50%
Cap Rate

About This Property

Hurry!  Come preview this immaculate, custom residence pool home built by Waterford Homes.  Located in the gated, serene community of approximately 25 homes called Nokomis Oaks, this home features an open-airy concept, spacious three bedrooms plus office/den, dining room opening up to spacious, tropical lush landscaped backyard.   Many interior and exterior upgrades include AC 2022.   Check out the photos.  Very low HOA fees.  Home can be sold furnished or unfurnished.  Nokomis Oaks is an ideal location between Sarasota and Venice!  Just a quick 4 mile drive to gorgeous Nokomis Beach and minutes to charming Venice Island/beach.
Unit Size
1,974 Ft²
Days on Market
33 days
Land Size
0.25 acres
Price per sqft
$329
Property Type
House
Property Taxes
$281
HOA Dues
$83
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Stellar MLS #A4608705)

Price History

Date / Event Date Event Price
Jun 5, 2024 Sold
Premium
Sold
May 6, 2024 In contract -
In contract
May 3, 2024 Listed by ROSEBAY INTERNATIONAL REALTY, INC $649,900
Listed by ROSEBAY INTERNATIONAL REALTY, INC
Aug 14, 2018 No longer available -
No longer available
Aug 1, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 10,846
  • Total Building Area: 2,436
  • Gross Building Area: 2,436
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NOKOMIS OAKS
  • Land Acres: 0000000249
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 27 NOKOMIS OAKS

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 G054 W056
  • Census Tract: 002205

Zoning

  • Zoning: RMF2

Geography

  • Assessors Map Reference: 32E
  • Account Number: 0170100036
  • Subdivision Tract Number: 2638
  • Parcel: 0170-10-0036
  • Lot: 27
  • Meridian: SEC 36 TWN 38S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.1335
  • Longitude: -82.4568

    Address

  • Full Address: 508 Jenny Dr
  • Address - House Number: 508
  • Address - Street Name: Jenny
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Nokomis
  • Carrier Code: R012
  • 4-Digit Zip Code: 4147
  • Zip Code: 34275

Valuation

    Tax

  • Total Area: 2,785
  • Tax Year: 2023
  • Tax Amount: $337,400
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 652,522
  • High Value: 767,038
  • Low Value: 538,005

    Market Valuation

  • Market Total Value: $481,500
  • Market Land Value: $120,000
  • Market Improvement Value: $361,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,338

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2018
  • Current Sale Recording Date: Aug 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018102593
  • Previous Sale Recording Date: Aug 25, 2017
  • Previous Sale Contract Date: Aug 25, 2017
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Nokomis Oaks

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 401 Shore Road, NOKOMIS, FL, 34275

$2,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,158 ft²
401 Shore Road, NOKOMIS, FL, 34275 Listing by Jamie Kilian

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Lorna Leduc
ROSEBAY INTERNATIONAL REALTY, INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4608705
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 508 Jenny Drive built and last sold?
The property at 508 Jenny Drive was built in 1997 and last sold on Jul 27, 2018 for $307,000.
How much is this home worth?
The estimated value of the home located at 508 Jenny Drive is $0.
What are some comparable homes to 508 Jenny Drive?
There are currently no comparable homes to 508 Jenny Drive.
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