11800 Windy Forest Way
About This Property
Enjoy year-round family fun at one of the many amenities inside Burt Aaronson South County Regional Park, located just outside of Berkeley's gates. Park includes award winning 27-hole Osprey Point Golf Course, Rick Macci Tennis Center, Coconut Cove Waterpark, Sunset Cove Amphitheater, Daggerwing Nature Center, Canine Cove Dog Park, number of kids playgrounds, large freshwater lake with boat launching ramp and canoeing/kayaking access, as well as number of lighted baseball/softball/multipurpose fields and basketball/pickleball courts.
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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