13657 Venice Beach Point
About This Property
Fabulous Views of Lake from Family Rm, Kitchen, Cafe & Master Bedrm Den/4th bedrm room for closet. Magnificent Wood Kitchen Cabinets w/ 4 Glass Doors complimented by Upgraded Granite Full Backsplash, & Pull-outs, Large Walk-in Custom Closets in Master + Other Closets & Designer Lighting Air Conditioner approx. end of 2017 & Hot Water Heater approx 1/2018 plus Accordion Shutters.Driveway was made Wider. Beautiful Mirrors in All Bathrms are Upgraded. Buyer pays l time capital contribution $1,768 at closing. Maintenance includes Triple Net, Free Phone USA & Internet, Wifi and SHO & HBO. chandelier in powder room & kitchen does not convey.$300. assessment in maintenance for 7/1 -12/2019
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017