Beautiful 3BR/2BTH Oakmont model in the desirable Isles of Palm
Beach Gardens. This bright, open home features high ceilings, new
LVP flooring, and a stylishly renovated kitchen with quartzite
countertops and ample cabinetry. The split floor plan includes two
guest bedrooms, a refreshed full bath, and a separate office that
can double as a 4th bedroom. The primary suite offers water views,
walk-in closets, and separate his-and-hers bath areas. Enjoy a
screened patio with a large heated pool overlooking the pond. New
roof, 2-car garage, and an ideal location near Downtown Palm Beach
Gardens, The Gardens Mall, and I-95.
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.
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