661 PALM CREST Drive
About This Property
The beautifully designed kitchen is positioned between the gathering room and dining area, offering tranquil views of the covered lanai. A custom walk-in pantry with wine refrigerator adds both functionality and a refined touch of luxury, while 42-inch cabinetry, expanded perimeter cabinets, and quartz countertops complete the space. The spacious owner's suite features 2 custom walk-in closets, providing exceptional storage and comfort. An additional flex space offers versatility while a private office with elegant French doors creates an ideal work-from-home retreat. Interior details elevate the home throughout, including smooth walls, custom built-ins, and stained oak ceiling beams in the family room that add warmth and architectural character.Expansive 16-foot sliding glass doors open to a private lanai and outdoor kitchen overlooking a fully fenced backyard with serene, wooded views. A detached cabana with a full bathroom creates a comfortable retreat for guests, in-laws, or young adults. Additional upgrades include a whole-home water softener and gutters, completing this thoughtfully designed residence.
Enjoy the exceptional Nocatee lifestyle with resort-style amenities, scenic trails, parks, and pools just minutes away. Ideally located near top-rated schools, shopping, dining, and major roadways, this home offers a connected lifestyle with everyday convenience and a true sense of community.
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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%.
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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.
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 |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $1,200,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Nov 2, 2022 | Listed by GPS REALTY LLC | $941,591 | |
| Listed by GPS REALTY LLC | |||
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This Acadia is a 1-story home with 2,989sq. ft., 4 bedrooms & 4 full baths. The entry welcomes visitors into the foyer and home office. The gathering room and dining room are both adjacent to the kitchen with views to the covered lanai. A large master suite with en-suite bath has a huge walk-in closet. Two secondary bedrooms share a jack-and-jill bath and are adjacent to a large flex room that can be an additional bedroom or home office if needed. Finally, guest suite with full bath and grilling porch on the rear of the home provides the perfect private retreat. Your guests will never want to leave.
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About Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017