14859 Barletta Way
About This Property
3 bedroom, 3 bath with 1 car garage is ready for new owner.
Move in ready with real wood floors, upgraded white kitchen cabinets with granite counter tops and stainless steel appliances.
Neutral carpet in 2 bedrooms.
Dual sinks in master with bath and separate shower, beautiful lighting and fans throughout.
Extended pavers in rear.
38,000 sq foot clubhouse with 2 adult pools, kiddie pool, spa/jacuzzi, cafe, fitness center, exercise classes, bocce ball, tennis, pickle ball, entertainment 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