1648 W Classical Boulevard
About This Property
Concrete pavers were just laid in the backyard, opening up to an expanse of lawn perfect for families and pets.
Located in ''The Colony at Delray Beach'', a prestigious gated community with low HOA and near plenty of shopping, dining, and beaches. Club house, community pool, gym, and basketball court offers resort like amenities without the high fees! Within close proximity to excellent private and charter schools.
Pick your own exterior color! A closing credit for painting the exterior will be provided as HOA is announcing new colors soon.
Come see your new dream home before it is sold!
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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 Winterplace
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017