204 Sunset Road
About This Property
The main house features a first floor master bedroom, flowing through to a dressing room/study with French doors leading to the gardens outside. A gourmet chef's kitchen featuring marble counters and Viking stove/oven is ideal for cooking gourmet meals or entertaining with friends and family.
Distinguishing high-end features include Chicago Brick throughout the pool area and pathways, FULL Impact Glass windows, stunning tropical landscaping and luxury finishes throughout. Completely and tastefully renovated. One of the few properties in El Cid's highly desirable EAST of Olive neighborhood to offer a fully renovated home with a Pool, Guest House and a Garage.
A rare opportunity to acquire one of West Palm Beach's finest homes.
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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 El Cid
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,950 /mo
- 1 Bed
- 1 Bath
- 600 ft²
$8,250 /mo
- 4 Beds
- 3 Baths
- 3,258 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017