13613 Sandy Malibu Point
About This Property
Popular Indian Model.New Air Conditioner installed 05/2013,Tile Throughout,Amazing Architectural Details w/Arches & Planter Shelves, Spacious Living Rm,Separate Dining Area,Large Family Rm. 16'-6''x 20' Enhanced by 11'Ceiling,Gourmet Kitchen w/Upgraded Granite Counters & Full Backsplash,Stainless Steel Appliances, Separate Eat-in Kitchen,Large Master Bedroom w/Two Large Walk-In Closets. Sliding Glass Door Leading out to Private Patio from Master Bedrm.
Separate Roman tub & Separate Shower & Dual Sinks,Accordion Shutters except for l window.Buyer pays 1 time capital contribution $1657. to HOA at closing.
Sq.Ft. is Approximate.We have Comcast Triple Play, Valencia Palms IS A VERY ACTIVE COMMUNITY. See MORE for additional Infor. You Get Triple Net Valencia Palms was built by Florida's premier builder G.L. Homes offering superior design and quality.
Valencia Palms is close to: Boca Raton Town Center Mall where you can shop at Macy's, Bloomingdales, Nordstroms, Neiman Marcus, Saks Fifth Ave. and many well known boutique stores besides fabulous restaurants. Atlantic Avenue has so much to offer such as wonderful restaurants, clothing stores Valencia Palms is not far from the BEACH. Conveniently located by the Florida Turnpike, Florida Atlantic University, Atlantic Marketplace is very popular because of IMAX theater and Bowling Alley enhanced by wonderful restaurants and fabulous stores. Also close to supermarkets, and hospitals and much more.
Valencia Palms is a wonderful (Non-Equity) #1 Acitve 55+ Community to live in. Located in the most desirable City in Southern Florida which is Delray Beach. Very Active Tennis Community where we have 6 Har Tru Lite Tennis Courts, Pickle ball, Bocce, 1/2 Basketball Court, Lots of Fabulous Clubs to Join, Canasta, Mahjong, Bridge, Lovely CafA© open for Breakfast and Lunch, State of the Art Fitness Center and Aerobics Room, Magnificent Clubhouse with Ballroom, Dance Floor and Stage for Entertainment and Gorgeous Resort Pool and Resistant Pool, Spa, Arts & Crafts, Photography and So Much More. Westchester Golf and Country Club is 5 minutes away from us and it is open to the PUBLIC. I can't wait to take you on a tour of our fabulous community.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Phone: 425-283-2930
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