14932 Rapolla Drive
About This Property
View virtual tour: http://tour.circlepix.com/home2/A6MU Villaggio Reserve is a BRAND NEW ACTIVE ADULT community, with the emphasis on ACTIVE. Enjoy 38,000 SF Grand Clubhouse & Grand ballroom/Theatre with frequent monthly booked shows & entertainment, resort style heated pools & spa with water aerobics & classes daily, Cafe (breakfast & lunch), new state-of-the-art fitness center, separate fitness room with daily scheduled yoga, zumba & aerobics classes, lighted tennis courts with daily active teams & leagues, pickle ball, bocce ball, card/game rooms, arts & crafts, billiard room, & theatre... and so many clubs for virtually anything you want to do.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2019 | Sold | ||
| Sold | |||
| Jan 21, 2019 | Listed by Keller Williams Realty Boca Raton | $524,999 | |
| Listed by Keller Williams Realty Boca Raton | |||
| Oct 13, 2016 | Sold | ||
| Sold | |||
| Apr 19, 2016 | Listed by Keller Williams Realty Boca Raton | $489,900 | |
| Listed by Keller Williams Realty Boca Raton | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017