97 RIO Drive
About This Property
Split floorplan design with high end lighting and other fixtures throughout. Newer roof, hvac, updated plumbing. Lushly landscaped corner lot with fully fenced backyard directly on a creek with an abundance of year round wildlife. A paver covered concrete patio in the rear overlooking the neighborhood park. Oversized two car garage with full sink and laundry area
Neighborhood amenities include a large playground for the kids, fine dining, dog park, golfing, tennis, and pickle ball all within a short walk from the home. Within the greater Sawgrass neighborhood are additional golf courses, large community pool facilities, the Players Clubhouse.
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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 |
|---|---|---|---|
| Jan 28, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 4, 2024 | Listed by REAL BROKER LLC | $825,000 | |
| Listed by REAL BROKER LLC | |||
| | |||
|
Back on Market and motivated! This wonderfully updated 4 bedroom home in the Sawgrass Players Club gated community and walking distance to the Yards 9 hole course and Argyle Restaurant. Granite and new stainless steel appliances highlight the wide galley kitchen with double door oven (it has an air frier feature!) Split floorplan design with high end lighting and other fixtures throughout. Newer roof, hvac, updated plumbing. Lushly landscaped corner lot with fully fenced backyard directly on a creek with an abundance of year round wildlife. A paver covered concrete patio in the rear overlooking the neighborhood park. Oversized two car garage with full sink and laundry area Neighborhood amenities include a large playground for the kids, fine dining, dog park, golfing, tennis, and pickle ball all within a short walk from the home. Within the greater Sawgrass neighborhood are additional golf courses, large community pool facilities, the Players Clubhouse.
| |||
| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Sep 30, 2024 | Price Decreased |
$850,000
↓ $35K
(4%) | |
| Price Decreased | |||
| Aug 6, 2024 | Relisted | $885,000 | |
| Relisted | |||
Property Highlights
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Price/ft²
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About Palm Valley
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2020263
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