481 CAPTIVA Drive
About This Property
The primary bedroom has its en-suite bathroom with dual sinks and a walk-in shower, plus 2 large walk-in closets. The additional upstairs bedrooms also include large closets and share a two sink guest bath. Enjoy the incredible amenities Nocatee has to offer, including a park, lazy river, pool, fitness center, and weekly community activities. This home is conveniently located near the beach and the community itself offers easy access to schools, shopping, and, dining. Don't miss out on this amazing opportunity to make your next home part of this growing and energetic community. Call us for a showing!
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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