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10645 Royal Caribbean Circle
About This Property
Living Room/ Florida Room leads to Back Screened Patio perfect for relaxing or entertaining. Tile thru-out living areas. Bedrooms carpeted. Third Bedroom is now used as Office. Two Car Garage. Accord Storm Shutters. Great Community with Beautiful Club House, Heated Pool, Billards, Cards, Clubs, Crafts, Library, and Fitness Center. Near 1-95 and Turnpike. Perfect Place to Call Home!
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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