125 Gregory Place
About This Property
Thoughtfully renovated kitchen with granite countertops, wood cabinets and a new stainless-steel refrigerator and dishwasher. Primary bedroom and guest bedroom with ensuite baths and spacious walk-in closets. Commodious dining room which is currently accessorized as an office/gym.
Hurricane windows and doors. 1 car garage.
A new metal barrel style roof and full house generator completes this West Palm Beach residence. Conveniently located to the bike trail along Flagler Drive, shopping, cultural sites, ocean beaches and an easy distance to Palm Beach International airport.
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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 Lewis Shore Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017