213 Florence Drive
About This Property
Home features granite countertops, California closets, central vacuum, under cabinet lighting and large covered screened in lanai overlooking very large and private back yard. Eat in kitchen with lots of windows overlooking fabulous front porch. Clubhouse, pool and exercise room. Walk to A rated schools. Great location, easy access to I-95, Florida Turnpike, 20 minutes to West Palm Int'l Airport. 10 minutes to Jupiter beaches, shopping and restaurants. This area has it all!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017