70 GLEN VALLEY Drive
About This Property
Step inside to discover an open-concept layout that seamlessly connects the living areas, creating an inviting space that's ideal for both entertaining and everyday living. The heart of this home is its expansive kitchen, where you'll find ample counter space and a generously sized island.
Live the Nocatee Lifestyle and be min. from beach square-foot clubhouse. Inside, you'll find a restaurant and bar, a billiard parlor, a fitness center, a movement studio, a spacious ballroom, and various meeting rooms, ensuring there's always something exciting to do.
But the perks don't end there. As a homeowner in Nocatee, you'll also have access to the broader Nocatee community amenities and events, adding even more value to this exceptional living experience.
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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