245 PRINCESS Drive
About This Property
It is only a short golf cart ride to Nocatee Town Center, Farmer's Market, Restaurants and Water Parks. Live the Resort Life at the many different Parks and Pools open to Nocatee Residents, surrounded by a manicured landscape, and lined with Palm trees. Splash Park, Spray Park, heated junior Olympic-sized Pool with swim lanes, community pools, Fitness Center, Dog Parks, Picnic Gazebos, Nature Trails, Playgrounds, Tennis and Basketball courts. Recent additions are the Adults Only Pool and Amusement Park Style Water Slides! Close to the new Durbin Crossing Shopping Center, easy access to main roads for commuting and around 10 minutes to the beach. Buy a lifestyle, not just a home. Make an appointment soon for your own private showing!
Washer and Dryer do not convey. Buyer to verify square footage.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017