14599 Candy Way
About This Property
Master bath porcelain tile on walls and marble top vanity and water saver toilet. second bath, new ceramic bathtub, subway tile walls, Kohler toilet and marble top vanity. Brushed nickel fixtures in both bathrooms and kitchen. The Hot water heater and AC were just replaced. Rheem 40 gallon water heater and Goodman AC. New ceiling fans in the master and living room and front patio. Outdoor patio tiles installed. All new electrical outlets and switches to a modern look, replace all the door knobs. Redone two large walk-in closets, Behr paint throughout.Front and back porches are screened-in for peaceful outdoor enjoyment with the back porch offering ever relaxing water views. located in the desirable Delray Villas 55+ pet friendly community. Located right off Atlantic Avenue and only minutes to beaches, Downtown and West Delray Marketplace, Low HOA fee, community covers: Lawn Care, Cable, Exterior Maintenance, Trash Removal, Pool, Fitness Center, Tennis Courts & Clubhouse. Come and enjoy this active adult community and all its activities!!!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017