555 SEAGROVE Drive
About This Property
The layout continues with exceptional flexibility and comfort throughout, including walk-in closets in every bedroom, a spacious loft with private balcony access, and a multi-generational suite with its own kitchenette--ideal for extended family or long-term guests. A three-car garage provides ample room for vehicles, storage, and a golf cart, while also featuring a dedicated EV charging outlet ready for Tesla and other electric vehicles.
Beyond the sliding doors, the lifestyle truly comes together. A custom pool with elegant travertine decking, central waterfall feature, outdoor firepit area, and fully screened enclosure create a private outdoor retreat overlooking a peaceful preserve backdrop. Combined with Nocatee's resort-style amenities, scenic trails, top-rated schools--including the newly introduced Sabal Crest Academy (K-8)--and the convenience of having the upgrades, outdoor living, and luxury details already completed, this home offers an opportunity that is increasingly difficult to replicate through new construction alone.
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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