2663 Hampton Circle S
About This Property
Features include wood floors in the primary suite, plantation shutters, triple-split bedrooms, large family room with beautiful windows overlooking the lushly landscaped backyard and free form pool. The highly sought after community of Andover is picturesque and tucked away in beautiful foliage. Andover boasts a park with a play area, tennis courts, sidewalks and convenience as it is situated near I-95, downtown Delray and approximately 3 miles from the 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 Andover
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
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$7,900 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017