211 Cornell Drive
About This Property
efficiency. The kitchen and bathrooms have been recently updated, boasting modern finishes and top-of-the-line appliances. The sleek design and thoughtful details make these spaces a joy to cook and relax in. The garage floor has been treated with epoxy, giving it a durable, high-gloss finish that is both visually appealing and easy to maintain. Additionally, the garage features a hurricane-rated door, providing extra protection against extreme weather conditions. Outside, you'll find new lush landscaping that adds beauty and privacy to the property. Whether you're enjoying a morning coffee on the patio or hosting a gathering with friends and family, the outdoor space will be a delightful retreat.
This home combines comfort, style, and practicality, making it the perfect place to call home in Lake Worth Beach.
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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 College Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017