16880 Charles River Drive
About This Property
-Custom Pool
-Gas stub out for future Generator and Summer Kitchen
-Upgraded Master Bath Tile Package with coordinating Listello and extended tile to ceiling, Level IIIA Maple Shaker door in Eggshell, Roman soak tub with cabinet panels on tub front and beautiful marble tub deck.
-Decorator Tile packages in all secondary baths with extended tile to ceiling and upgraded countertops.
-Great Room Wet Bar with upgraded Level III3 Shaker Maple Cocoa cabinet with upgraded backsplash
-All Stainless Steel Appliances including 48" Subzero Refrigerator, Viking Gas cooktop with professional hood vented to the exterior, double oven and dishwasher. Upgraded Kitchen Cabinets Level III Napoli Ecru Italian Veneer with beautiful enhancement package that includes crown molding, bump out and up over hood , below cabinet and upper cabinet lighting. Upgraded Quartz countertops with full backsplash.
-Upgraded solid wood stairs with Red Oak stair rail
-24 x 24 Porcelain mud set main floor tile in main living areas with Engineered wood flooring in Library, In Home Fitness Center and upstairs halls.
-Impact Glass windows whole house.
BRING YOU FUSSIEST CLIENTS
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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