189 Orange Tree Drive
About This Property
The heated, salt-chlorinated, resort style pool and patio complex is expansive and comfortable, offering a separate covered area, fully fenced with captivating golf vistas, and vibrant sunsets to enjoy every evening! This renovated home will be the answer to your dreams of living the good life in one of Palm Beaches' premier Golf Course Communities- the City of Atlantis.
Other: home renovated 2015, roof 2015, complete impact windows and sliding doors, front door is non impact, DINING chandelier does NOT convey, pool heater 3 yrs old, salt chlorinated pool, 1 pet 25pd limits, HOA paid 1x year.
The City of Atlantis is a gated, manicured country club community offering 2 championship golf courses with no membership obligations. Kintz Park at The City of Atlantis, where families and residents gather to play tennis, pickleball or attend a party or City sponsored events (Annual Egg Hunt, Annual Spring Fling, Holiday Golf Cart parade, & more events! The Community Park Club room can be reserved for birthday parties or private events. Kintz Park has covered picnic areas and a water park for fun! Conveniently located close to the beaches, I-95 and in between major airports. The City of Atlantis is proud to have its own police department and city leaders that care and support the community.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. No commissions are paid to any cooperating broker until title passes.
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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 Fairview of Atlantis
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$9,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017