29
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124 Forest Hill Boulevard
About This Property
For moments of leisure, enjoy the dedicated theater room with a wet bar or step outside to the sleek lap pool and sprawling loggia, where indoor and outdoor living harmoniously merge. Framed by lush, meticulously designed landscaping, the property provides generous outdoor spaces for relaxation or hosting unforgettable gatherings.
All of this is just seconds from the Intracoastal and mere moments from the vibrant energy of Downtown West Palm Beach, the elegance of Palm Beach Island, and an array of world-class dining, shopping, and cultural attractions. This is more than a homeit's a lifestyle.
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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 Lake Forest Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017