152 Sota Drive
About This Property
The Loxahatchee Club is a secure gated community that offers a Signature Jack Nicklaus golf course with fewer than 285 homes. The Club is a Platinum Award winning club and offers a full service, fully renovated Clubhouse and all amenities imaginable: swimming, tennis, fitness, bocce and much more. A traditional Club with a renowned caddie program is a perfect fit for the traditional golfer. Membership amount is $100,000.
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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