Welcome to this beautifully maintained DR Horton home, built in
2021 and located in the highly sought-after Arden community.
Thoughtfully upgraded and move-in ready, this home offers a bright,
open-concept layout with clean modern finishes, neutral tones,
crown molding, recessed lighting and tile flooring throughout the
main living areas. The spacious kitchen is the heart of the home,
featuring crisp white cabinetry, quartz countertops, a large center
island with seating, stylish backsplash and an upgraded
refrigerator. The kitchen flows seamlessly into the dining and
living areas, creating an ideal layout for everyday living and
entertaining. Additional upgrades include a beautifully finished
laundry room with built-in cabinetry, countertop space and added
storage. Currently tenant-occupied with an excellent payment
history, this property also offers an attractive opportunity for
investors seeking an income-producing home with an established
tenant already in place. Located within walking distance of Arden's
A-rated elementary school, Saddle View and close to the community's
resort-style amenities, parks, trails and clubhouse, this is an
excellent opportunity to own a newer home in one of western Palm
Beach County's most desirable communities.
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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