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3011 Lowson Boulevard
About This Property
Inside, the boho-inspired interior showcases an airy open layout with terrazzo flooring, a sunlit living room, and a modern eat-in kitchen with SS Appliances and a sleek breakfast bar-all seamlessly connecting to the family room with tranquil views of the backyard.
Sunny bedrooms and well-appointed baths add comfort. Space for boat storage. Minutes from beaches, golf, & vibrant Delray Beach's Atlantic Avenue-perfect as a personal escape, working remotely and as an income producing asset.
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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 Sherwood Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017