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2741 NW 70th Boulevard
About This Property
Upon entry, you are welcomed by a dramatic two-story foyer with soaring 24-foot ceilings. The gourmet kitchen is equipped with top-of-the-line Wolf and Sub-Zero appliances, a gas cooktop, and enjoys picturesque views of the pool and outdoor living area. A custom wine display adds a sophisticated touch to the main living space.
The first floor features a luxurious primary suite, a private guest bedroom, and a dedicated office, ideal for today's lifestyle. Upstairs, you'll find three additional en-suite bedrooms and a spacious loft.
The outdoor area is a private retreat, offering ample green space and a thoughtfully designed layout for entertaining or relaxing.
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017