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14597 Barwick Road
About This Property
PET FRIENDLY, 2 bedrooms, 2 full bathrooms & private fenced yard with 3-person hot tub. Full size washer & dryer, updated appliances, outdoor shower, and plenty of storage with two enclosed sheds.
Cool off with the community pool or private misting station while sunbathing on your patio. This home also features; Impact Hurricane Windows, Terracotta tile throughout, two walk-in tiled showers, dual walk-in closets in primary bedroom, GFI outlets, updated electric panel, new waterlines, Water Filtration System, Ring Security System, low-maintenance turf yard. Located in a 55+ community with low HOA fees - ONLY $110/month that includes heated community pool, shuffleboard, and more. Community sits in a safe area across from Carver Middle School. City planning to pave the 4-car driveway and add sidewalks/streetlights in June 2023 to increase curb appeal.
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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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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017