One or more photo(s) has been virtually staged, AI generated or
rendered. The top selling Delray floorplan truly embodies
modern living with its seamless integration of spaces ideal for
both hosting guests and everyday comfort. The allure of a
waterfront lake view adds a touch of tranquility to this 3 Bed +
Flex home. Additionally, the flex room provides versatility as a
den or optional 4th bedroom, offering flexibility to suit your
needs. The inclusion of impact windows ensures both safety and
elegance. This home is further elevated by its premium features
such as high-end cabinets, stainless steel appliances, and quartz
countertops, creating a luxurious ambiance throughout. The promise
of room for a future pool adds an exciting prospect for outdoor
enjoyment. Palmetto Landing Community's amenities, from the
inviting clubhouse (already open-available for private events) to
the resort-style beach entry pool w/lap lanes, splash pad, game
room w/a pool table, card tables, TV's and fitness center,
guarantee a lifestyle of leisure and entertainment. With its
proximity to shopping, dining, and the vibrant Babcock Ranch
lifestyle, this residence encapsulates the essence of contemporary
living in prime location.
Finishings may vary - images are representational only of the model
home based in that community.
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.
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