2303 Royal Palm DRIVE
About This Property
Step into the spacious interior where an open floor plan seamlessly connects the living spaces. The kitchen, a culinary haven, boasts modern appliances, ample cabinet space, and a design that merges functionality with aesthetics. The convenience of inside laundry adds a practical touch to your daily routine.
Featuring a split floor plan and generous master bedroom providing a tranquil retreat, with a walk-in closet and spacious bathroom.
Furry friends will love the fenced-in yard, offering privacy and a secure space for outdoor activities. With space on either side of the home providing room for toys. Enjoy the Florida sunshine to the fullest on the covered patio at the back, creating an ideal spot for relaxation or entertaining guests.
Immerse yourself in the laid-back Florida lifestyle, taking advantage of the proximity to amenities, schools, and the vibrant local scene. This property encapsulates the essence of modern living in a tranquil setting, offering the perfect backdrop for creating cherished memories.
All information is deemed accurate but not guaranteed.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017