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10640 Royal Caribbean Circle
About This Property
As you step inside, you'll immediately be struck by the open and airy floor plan, which seamlessly blends indoor and outdoor living spaces. The living area features high ceilings and large windows that let in plenty of natural light, creating a bright and inviting atmosphere. The home's three bedrooms are all generously sized with ample closet space. The master suite is a true retreat, featuring wood flooring with a large walk-in closet and an ensuite bath that features dual sinks and a separate shower. Whether you're looking for a peaceful place to relax or a comfortable space to entertain, this home has it all.
Outside, you'll find a private screened patio that overlooks the beautifully manicured gardens, providing a tranquil oasis where you can enjoy the Florida sunshine and fresh air. The home also features a 2-car garage and a full laundry room for your convenience.
Majestic Isles is an Oriole-built community with 450 homes, situated in Central Palm Beach County in Boynton Beach, Florida. Majestic Isles is approximately 6 miles west of the Atlantic Ocean, between the cities of West Palm Beach to the North and Fort. Lauderdale to the South. This intimate gated adult enclave features 3 lakes that grace the communities' three phases of development. A stately grand boulevard provides a scenic view of the community and links a pedestrian-friendly land plan. Swaying palms, native oak trees, and native mahogany trees dot the neighborhood.
This beautiful community looks forward to welcoming you. This lovely community has a 16,000 square foot Clubhouse, easily accessible from all areas of the development. The Clubhouse, with its charming clock tower that overlooks the community, features an Olympic-size heated swimming pool and Jacuzzi. The Clubhouse has a multi-purpose room for parties and gatherings. A fitness center includes the latest cardiovascular equipment, weights and treadmills. In the Clubhouse, there are several card rooms, a billiard room, a ceramic room and a library complete with a computer facility. Adjacent to the Clubhouse are 4 champion Har-Tru tennis courts and a shuffleboard court.
You'll also be just minutes away from some of the best shopping, dining, and entertainment that Boynton Beach has to offer.
Don't miss out on this incredible opportunity to own your own piece of paradise in the highly sought-after Majestic Isles community schedule your showing today!
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017