16867 Pavilion Way
About This Property
Easy access from Lyons Road on a fully manicured street and on a great interior lot with an extra-large rear yard which faces west for optimum enjoyment. This Sydney model features 4 bedrooms, 5 full baths, a large dining room, family room and a great den/office. The kitchen has been upgraded with high end appliances including a Wolf gas stove and ovens; it is a must see!
With the opening of the new clubhouse which includes a spa, restaurant, game rooms and fitness center you will never need to leave your community as everything you could want is here! It's the ultimate.
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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