3038 LAS CALINAS BLVD.
About This Property
Wifi Certified Smart Home, tankless hot water heater, security system, large pavered screened lanai, and paver driveway. Upgrades to include show stopper 72'' windmill ceiling fan, 10'' shiplap, tongue and groove ceilings in dining and office, LED electric fireplace w/cypress mantle,
GE Cafe appliances with double oven gas stove, touchless kitchen faucet, water softener and reverse osmosis, rear fenced yard, and attic floor/stairs. Transferable termite bond. Palencia community offers world-class amenities including private club and signature golf course, 3 pools, fitness center, tennis, playgrounds, pickle ball, boardwalk/community dock to the intercoastal, mini-golf, neighborhood schools, Publix and restaurants. Internet and cable included in HOA fees.
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017