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1494 Siena Lane
About This Property
Residents of Borgata enjoy a well-kept community with resort-style amenities, including a large swimming pool, sun deck, clubhouse, playground, scenic lake, and mature tree canopies. With a low HOA and a central Boynton Beach location close to beaches, shopping, I-95, and the Florida Turnpike, everyday convenience comes easily.
A great opportunity to own a spacious single-family home in one of Boynton Beach's most established and centrally located gated communities.
Note: While the tax rolls list the property as a 4-bedroom, the fourth bedroom does not have a closet.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017