14884 Vivace Road
About This Property
Enjoy your new lifestyle in this ''Vittoria'' 2 bedroom/den 2 bath 1 car garage villa in Villaggio Reserve.
This home offers upgraded kitchen cabinets with granite countertops, undermount lighting, pull outs in pantry, ceramic tile on the diagonal, frameless shower in master with dual sinks, tub/shower combo in 2nd bathroom, Plantation shutters and an extended screened lanai with lush landscaping on a peaceful lot.
Villaggio Reserve has 2 adult pools, kiddie pool, spa/Jacuzzi, bocce ball, tennis and pickle ball, cafe, seasonal shows and entertainment, gym, fitness classes and much more 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