14 MARATHON KEY Way
About This Property
Coastal Oaks at Nocatee is a beautiful, gated community that is centrally located to all Nocatee amenities and Town Center, and just minutes away from PV beaches & shopping.
In addition to the fun filled Nocatee Splash Park, amenities and Greenway Trails, this upscale guard-gated community has a private clubhouse, fitness center, an adults-only pool, as well as a children's pool, tennis courts, basketball courts, soccer fields, dog park, nature trails and playgrounds. All of this is private access to Coastal Oaks residents only, in addition to all the abundant amenities of Nocatee.
Nocatee amenities include: Splash Water Park featuring Rip Tide Slide, Lazy Tides River, Splash Cove, lagoon pool, 330-foot zip line, swim club pool, fitness club featuring cardio & weight equipment, free weights & classes. Greenway Trails great for hiking & biking, approx. 2,400 acres of wildly beautiful land fronting a 3.5-mile stretch of the Intracoastal Waterway. Multiple Dog Parks. Also spend time at the new Spray Park behind the Nocatee Swim Club! Nocatee continues to build amenities & just completed additional amenities at the Splash & Spray Parks. Nocatee has lots of great activities for all ages & interests. It is a wonderful place to call home.
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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.
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