532 MOONSHINE Drive
About This Property
(Please refer to p. 35-43 of zoning code in documents to see a list of all allowable/special uses.) Can obtain membership for Nocatee community and utilize amenities for $3,800/yr. Comprehensive plan amendment allows potential change to Residential-C with approval.
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $2,950,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Jul 12, 2019 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $4,900,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
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HEART OF NOCATEE - 17.92 acres to develop. -
- 2nd Fastest Growing Suburb in the U.S.
- 1 mile from downtown Nocatee
- split for buyer's agent is 2%
- Listing price $4.9 million
- Currently zoned for 6 SF homes/acre and/or Assisted Living
- Potential multi-family and/or assisted living development
- Seller will accept offers contingent on obtaining other zoning approvals
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| Apr 12, 2016 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $3,650,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
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Paradise in the heart of Nocatee 17.92 acres. Located at the entrance of 20 Mile community. Beautiful property for an Equestrian Ranch. Or a new development of homes,townhomes,condo or a strip mall, hotel, keep dreaming you can build on this property. This Residential rural property zoned for horses or any other live stock you have. Please see zoning papers, this property can become( RES-C ZONING PUD) NO Calls to Seller. 2 Hour notice needed prior to showing. Thank you for showing. Please see showing instruction, special needs in showing. Motivated Seller.
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About Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017