1207 Olympic Circle
About This Property
over pool with relaxing waterfall. Beautiful Ceramic tile and wood floors. Totally remodeled kitchen and baths, quartz countertops and backsplash, high end appliances with Vent-A-Hood; Natural gas W/D; Electric range can be easily switched to Natural Gas. Timed sprinklers, pool fountain and lights. This beauty is within walking distance of River Bridge shopping plaza, near Wellington Green Mall and much more;
with direct entry to Okeeheelee Park with Public Golf Course, water sports, BMX, lake, walking, jogging trails. A/C and duck system renewed in 2020 with 2 intake vents. This home is centrally located near I-95 & Florida's Turnpike, Close to Shopping, Restaurants, Wellington Green Mall, Downtown West Palm Beach & City Place Area, next to one of the largest Parks in Palm Beach County.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017