14835 Barletta Way
About This Property
This beautiful home has neutral porcelain tiles on the diagonal, recessed lighting throughout, wood upgraded kitchen cabinetry with granite counter tops and tiled backsplash, stainless steel appliances, built-ins in family room and front bedroom, closet built-ins, separate laundry room with upper built in cabinet, window treatments throughout, dual sinks in master with separate tub and frameless shower, full house gutters and extended pavered lanai.
Villaggio Reserve is an award winning 55+ community with a 38,000 sq foot clubhouse, 2 adult pools, kiddie pool, spa/Jacuzzi, cafe, fitness center with classes, entertainment, bocce ball, competitive and social tennis and pickle ball and 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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$10,000 /mo
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$8,695 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017