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13 Forest Hills Lane
About This Property
Discover this spacious 5-Bedroom, 2-Bath home featuring a Private Pool and no HOA - the perfect blend of comfort and convenience. Enjoy a newer 2022 Roof, generous Living and Dining areas, an enclosed Utility Room, and a large Workshop. Storage is no issue here - 4 Bedrooms include Walk-In Closets, plus a Walk-In Hall Closet, 2 Linen Closets, an Entry Closet and an additional Utility/Storage Room. Ideally located across from Town Center Mall and just minutes from Mizner Park, the Beach, I-95, and the Turnpike, this home offers unbeatable access to everything Boca Raton has to offer. Spacious. Central. Don't miss this incredible opportunity!
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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