569 MAHI Drive
About This Property
This home offers an unparalleled lifestyle, blending sophisticated design, exciting amenities, and breathtaking water views in one of the most desirable locations.
Walk in and be greeted by a grand foyer leading to an expansive open-concept living area flooded with natural light.
The gourmet kitchen is a chef's delight, featuring top-of-the-line stainless steel appliances, custom cabinetry, a large island with seating, and hidden pantry. Adjacent to the kitchen, the dining area overlooks the tranquil water, offering a picturesque view.
Featuring world-class amenities, including a Residents' Club featuring resort-style swimming pools and a 6,500-square-foot clubhouse with a catering kitchen, meeting room and fully equipped fitness center. The community has parks and trails, tennis courts, a basketball and volleyball court as well as Nocatee Amenities and Splash
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by HERRON REAL ESTATE LLC | $1,390,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Apr 3, 2020 | Sold | ||
| Sold | |||
| Apr 6, 2019 | Listed by HERRON REAL ESTATE LLC | $893,465 | |
| Listed by HERRON REAL ESTATE LLC | |||
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About Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017