Welcome to 141 Par Dr, a spacious 3-bedroom, 2-bath villa in the
heart of Royal Palm Beach offering a comfortable layout designed
for everyday living and entertaining. Step inside to an open and
airy living space enhanced by vaulted ceilings, tile flooring, and
plenty of natural light. The flowing living and dining areas
connect easily with the kitchen, while the split-bedroom floor plan
provides added privacy. The generously sized primary suite features
a walk-in closet and private bath, creating a relaxing retreat at
the end of the day. Outside, enjoy your own private patio, an
inviting spot for morning coffee, outdoor dining, or unwinding in
the Florida sunshine. A dedicated laundry area and thoughtful
storage add everyday convenience, while the community offers
amenities including a clubhouse and pool. Ideally located in Royal
Palm Beach with convenient access to shopping, dining, recreation,
and major roadways, this home combines comfortable indoor living
with an easy South Florida lifestyle.
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.
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