58 SABAL RIDGE Trail
About This Property
This spacious one-story home features over 2,600 square feet of thoughtfully designed living space with 3 bedrooms and 3.5 bathrooms, with every bedroom offering its own private ensuite bath for ultimate comfort and privacy. Upon entering, you'll be greeted by formal living and dining rooms that elegantly frame the foyer. The heart of the home is the beautiful, functional kitchen that opens seamlessly to the generous family room, creating the perfect space for entertaining and everyday living. Roof is 2011, HVAC is 2021. Two large sliding glass doors fill the home with natural light, enhancing the open and inviting atmosphere. Built with durable concrete block construction, this home offers both quality and peace of mind. The gated community features a 24-hour staffed guard gate and an abundance of amenities, including walking and biking trails throughout the neighborhood.
Conveniently located near shopping, grocery stores, restaurants, healthcare, and all that Nocatee has to offer, this move-in ready home combines an outstanding floor plan, an unbeatable location, and a vibrant 55+ lifestyle. Don't miss this opportunity to start enjoying the Del Webb lifestyle today!
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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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$2,800 /mo
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$3,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017