14629 Candy Way
About This Property
All major pricey things are taken care of.
Home has brand new kitchen with soft closure cabinets, huge marble like thick granite countertop, beautiful all new master bathroom walk in shower, sink and cabinet, both toilets, laundry set brand new, fridge, dishwasher, ect - all appliances are less then 2 month old. Brand new quality AC, repatched roof on warranty! Nothing to really worry about. Not a flood zone.
Restaurants, farmers markets, downtown, movue theatre, parks. Nothing like central Delray 55+ neighborhood, great to walk around. Maintenance fee is one of the cheapest in the area as it already includes all the greenery, pool, clubhouse and great cable. You would have access to the other amenities of the main clubhouse t
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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 Villas South
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017