14899 Barletta Way
About This Property
The den has double doors added so can be used as 3rd bedroom.
This much desired property has extra windows as it is only attached on 1 side.
Main flooring has ceramic tile and 2 rooms have newly installed laminate flooring.
Kitchen has wood cabinetry with granite countertops, stainless steel appliances including new upgraded LG refrigerator.
Designer fans throughout. Primary bathroom has dual sinks, free standing shower and walk-in closet built-ins.
Enjoy your time out on the extended lanai with picture window and travertine flooring. Villaggio Reserve has a 38,000 sq ft clubhouse with 2 pools, kiddie pool, spa/jacuzzi, cafe, fitness center, bocce, tennis and pickleball.
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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