101 Alhambra Place
About This Property
Splendor in the grass reveals
the luxury hideout at 101 AlhambraPlace, set in the heart of the Southend ('SoSo') neighborhood,a remodeled build,Pavilion - style, and only a short stroll to the Flagler Intracoastal Waterway. In decorated interiors of flagstone tiles and organic glass walls, your space reveals a refined indoor -outdoor oasis in West Palm Beach, Fla.
A one-story layout of 2,858-square-feet gives way to entertaining.
The elegance of your dwelling are
comforts revealed by imported marble floors throughout, spa-inspired master bath, a series of terraced poolside bedrooms,plus a private entrance guest suite
. The ample gourmet kitchen
of this airy open design residence is a main draw.Outdoors captivates for its tropical,meandering,expansive manicured expressed in beauty by day to night landscaping on the .38 acre lot acre property, discover a summer kitchen/bar gazebo framed by a quaint saltwater pool and become inspired each day.
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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.
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About Alhambra Park
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017