1769 Gulfstream Way
About This Property
Wait to you see the large master suite with laminate flooring and sliders out to the pool. The master has a large walk in closet with a Barn door. The master bath has his and her sinks with a Gorgeous walk in shower with Stacked Stone shower walls. There is crown molding throughout along with 7" baseboards the house. AC unit was put in last year. Roof was installed in 2014. Accordion shutters on all windows and doors. Close to downtown West Palm and City Place. Minutes to the Florida Turnpike. Don't miss this one.Room sizes are approximate.
Breakers West has 2 golf courses, Breakers West and Mayacoo. Memberships are NOT mandatory. Social and Tennis memberships available but again NOT Mandatory. Info is attached on Both Clubs.
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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%.
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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 Breakers West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017