14788 Rapolla Drive
About This Property
Features include: crown molding, upgraded cabinetry and stainless steel appliances, upgraded granite, 20x20 porcelain tile, designer faux painting in bathrooms, built-ins in master bedroom closet, recessed lighting throughout, double doors in den with built in desk, extended screened in lanai, epoxy garage floor. This fabulous home is situated on a peaceful private lot with lush landscaping. Villaggio Reserve has a 38,000 sq foot clubhouse with 2 adult pools, kiddie pool, spa/Jacuzzi, fitness center with classes, card rooms, tennis, pickleball and bocce ball, cafe and so much more.
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017