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19951 Milan Terrace
About This Property
Home features vaulted ceilings, custom window shutters, new SS appliances, new A/C, new hot water heater, newer roof (5 years young), beautiful ceramic and wood floors, upgraded bathrooms, wet bar and wine cooler, flat top cook island, and large free form pool on magnificent open and private patio. All this located within walking distance to shopping, A+ rated schools and houses of worship. Close to major highways, downtown Boca and FAU. Brentwood is a gated community featuring 2 resort style swimming pools, clubhouse and tennis. This home is a little gem!
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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 Brentwood of Boca
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017