34
Map
15693 Hamlin Boulevard
About This Property
Exceptional opportunity to own one of the newer homes in 'Loxahatchee'. Constructed in 2020, this ranch style home is cited on a 1.37-acre lot. Thoughtfully designed, the split floor plan offers four bedrooms + den. Located at the end of a quiet street and lushly landscaped, this property offers the best in privacy. Design elements include Impact Windows, plank tile flooring, and an open chef's kitchen with white shaker cabinets and SS appliances. Towards the rear of the property, there is a 600+/- SF detached gym. Fully built out, including the gym equipment and TV's which will be left for the Buyer.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017