12670 Torbay Drive
About This Property
Welcome to amazing Boca Falls. Magnificent 5 bedroom 3 full and one half baths. Beautiful and inviting double door entry foyer. Seperate formal dining room . updated kitchen, stainless steel appliances granite counter tops double ovens, breakfast bar,and large breakfast room that opens to spacious family room over looking a relaxing pool plus a screened in roofed patio with beautiful lake views. Master suite on the first floor . additional bedroom and bath on first floor. 3 large bedrooms on second floor. Boca Falls is a 24 hour guard gated community including pool, tennis courts basketball courts clubhouse with party room etc. All A RATED SCHOOLS.
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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