1801 Royal Palm Way
About This Property
Step into paradise as you enter the expansive outdoor oasis featuring a heated, two-tier, child-friendly pool with a spa and playful water sprays. Entertain guests or unwind in style on the covered terrace, where a natural gas fireplace adds warmth and ambiance to cool evenings under the stars.
The interior of this magnificent home is equally impressive, with first and second-floor master suites offering serene pool views and luxurious accommodations. The gourmet open-air kitchen is a chef's dream, featuring custom cabinetry, integrated appliances, and a huge walk-in pantry, perfect for culinary creation creations and entertaining in grand style. Take advantage of this rare opportunity to own a double-lot estate in one of Boca Raton's most exclusive communities.
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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 Royal Palm Yacht and Country Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 2 Beds
- 2 Baths
- 1,614 ft²
$9,000 /mo
- 3 Beds
- 3 Baths
- 1,853 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017