15044 Via Porta
About This Property
This home boasts neutral porcelain tiles on the diagonal with porcelain wood floors in bedrooms, upgraded kitchen cabinetry and upgraded granite countertops, upgraded stainless steel appliances, Designer fans, pendant lights and DR chandelier, crown molding throughout, additional hi-hats, upgraded shower doors in both bathrooms, dual sinks in master, walk in closet and extended screened in lanai. Villaggio Reserve has a 38,000 sq foot clubhouse with 2 adult pools, kiddie pool, spa/Jacuzzi, cafe, fitness center, fitness classes, bocce ball, tennis and pickle ball, seasonal shows, clubs and so much 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