14692 Rapolla Drive
About This Property
THIS 2,436 SQ.FT. HOME IS NESTLED ON A PREMIUM LAKEFRONT LOT WITH 2 BEDROOM + DEN. $100,000 IN UPGRADES INCLUDE THE PLATINUM KITCHEN UPGRADE, CROWN MOLDING THROUGHOUT, PORCELAIN 24' X 24' TILE ON THE DIAGONAL, WOOD LAMINATE FLOORING IN THE BEDROOMS AND STUNNING LAKE VIEWS FROM THE MASTER BEDROOM, LIVING ROOM, KITCHEN AND EXTENDED PAVERED PATIO WITH AN EXTRA ALUMINUM FENCED-IN AREA FOR A PET OR GARDEN AREA. ALL IMPACT WINDOWS AND LEADED GLASS FRONT ENTRY DOOR, BEAUTIFUL DESIGNER LIGHTING, FANS, CUSTOM BUILT-IN
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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%.
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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017