14728 Rapolla Drive
About This Property
Most requested ''Palma'' model on lake with extended screened lanai on private expanded corner lot. Over $70,000 in add-ons. White kitchen cabinets with designer tiled backsplash, quartz counter tops, 24 x 24 shiny tile floors throughout, Plantation shutters, widened driveway on both sides, electrical panel hookup for portable generator, frameless showers in all bathrooms. This beauty is presently the only single family home available in the community. Villaggio Reserve has a 38,000 sq foot clubhouse with 2 pools, kiddie pool and spa/Jacuzzi, cafe, fitness center and classes, bocce ball, tennis and pickleball,
Close to all major shopping
This is a must see!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2022 | Sold | ||
| Sold | |||
| Oct 18, 2022 | Listed by Luxury Partners Realty | $745,000 | |
| Listed by Luxury Partners Realty | |||
| Aug 10, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by Luxury Partners Realty | $649,900 | |
| Listed by Luxury Partners Realty | |||
| Oct 4, 2016 | Sold | ||
| Sold | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017