242 Golfview Drive
About This Property
Tequesta is a very desirable village surrounded by beautiful waterways located on the northern end of Palm Beach County. There are numerous restaurants, coffee shops, boutiques and an active art community for all to enjoy. The village hosts many festivals, food truck nights, movie in the parks and many other events for the residents.
Tequesta Country Club is private and membership is not mandatory for neighborhood residents. Tequesta Country Club Community's HOA is voluntary, yet encouraged because the nominal amount helps maintain the two community parks, entrances, boat ramp & allows for neighborhood social events. Access to the community boat ramp requires a resident to join the HOA which is $200.00 per year, plus $250.00 for access to the ramp.
AC 2021
Concrete tile roof 2010
Central vacuum
Amazing storage in this home
Pool salt system & solar heat
Plantation shutters throughout
Interior laundry room with storage
Golf cart shed w electric
Line into the kitchen for gas stove
Instant hot for entire house
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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