1261 Gulfstream Way
About This Property
The home has been renovated and is beautifully appointed with a spacious open floor plan, lots of natural sunlight, striking views, and an intimate backyard setting, featuring a private pool and lush landscape for those midnight swims. In addition, the home features a large Kitchen overlooking the pool area and gardens. Just adjacent you will find the family room with the sliding doors, providing easy access to a large covered patio and strikingly landscaped backyard, for outdoor entertaining. The hurricane impact windows throughout keep the house protected all year round.
Upgrades include Generator.
Roof 2003
Impact Windows 2011/12
Natural Gas 2020
Generator 2020
This home is a beach and boat lover's dream, come true.
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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 Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017