10669 Whitewind Circle
About This Property
Living in Valencia Reserve is like living in a country club but Without the fees. This active adult community offers a state of the art clubhouse with a luxurious ballroom for shows and entertainment, fitness center, yoga room, massage room, billiards room, cafe, countless card rooms, arts and crafts room, demonstration kitchen, resort like pool, resistance pool, lap pool, har-tru tennis courts, Pickle ball courts, social director, and more! The community is guard gated 24/7 and is located next to first class shopping, dining, the Delray Marketplace, the Florida Turnpike, and many more Florida attractions!
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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