2790 NW 1st Terrace
About This Property
Low HOA fee of $219/month covers golf for residents, all water bills, 2 Clubhouses, 2 heated pools, sauna and shuffle board. Fee also covers pressure washing/painting roofs every 2 yrs and home exteriors every 4 yrs. A fantastic place to live for a season or year round.! This 55+ community allows pets!
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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 Pompano Beach
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$9,500 /mo
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$2,400 /mo
- 2 Beds
- 2 Baths
- 909 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017