319 Mango Promenade
About This Property
Without a doubt one of the best kept secrets in West Palm Beach. Mango Promenade is comprised of only a handful of homes all of which face onto a tree lined walkway with no drive thru traffic. Nestled between S Dixie and S Olive, The Promenade is a block from Flagler Dr ,The Norton Museum, and several great restaurants. Easy walking distance to the restaurants and shops of downtown WPB. A short bike ride to Palm Beach Island and a 10 minute drive the airport. If you love the idea of city living with the feel of Key West this home is for you!
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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 Delavan Lodge
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,950 /mo
- 1 Bed
- 1 Bath
- 600 ft²
$8,250 /mo
- 4 Beds
- 3 Baths
- 3,258 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017