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14907 Amerina Way
About This Property
This freshly painted home features white wood cabinetry, granite counter tops, designer backsplash,
stainless steel appliances, fixtures, fans, pendant lights, NEW A/C (2025) with warranty, designated laundry room with upper cabinetry, new washer, recent dryer vent cleaning, full house filtration system, new bulb-less hi-hats, dual sinks in primary bathroom, soaker tub, free standing shower, enlarged screen patio with picture window and retractable power awning.
Villaggio Reserve is an active 55+ community with a 38,000 sq ft clubhouse with a resort style pool, lap pool, kiddie pool, jacuzzi, cafe, fitness center, 6 pickleball and 5 tennis courts and 2 bocce ball courts. Seasonal entertainment and tons of clubs to get involved in.
Close to major highways, shopping and places of worship.
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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