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10933 Bal Harbor Drive
About This Property
The main-level primary suite flows seamlessly to your resort-style backyard, complete with a heated pool, outdoor kitchen, and covered lounge space-ideal for weekend gatherings or quiet evenings under the stars.
Key Upgrades includes, new roof (2022), complete hurricane shutters throughout, Newer AC unit & much more.
Zoned for A-rated schools and minutes from top dining, shopping, and highways-this home is the total package. Located in one of West Boca's most desirable gated communities, residents enjoy low HOA fees, 24/7 manned security, and a host of amenitiesincluding a renovated clubhouse, fitness center, sauna, billiards room, and private theater. Outdoor features include a heated community pool, spa, tennis and basketball courts, and a playground.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017