33 Island Drive
About This Property
The private master suite has abundant closet space and a spacious master bath with jacquzzi tub and separate shower in addition to a separate cabana bath. The 2 additional en suite bedrooms afford guests total privacy. Additional features include new hot water heater, a/c unit installed in 2014, water purification system, hurricane & plantation shutters. The free form pool has a great view of the lake and a fountain. SoHunters Run features a 145,000 square foot clubhouse with card rooms, six dining venues, upscale fitness center, locker rooms, 21 tenni
courts, 3 championship golf courses, pro shops and resort style pool.
Hunters Run is centrally located near fabulous beaches and trendy downtown Delray Beach. The best priced home in Hunters Run for it's size.
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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 Hunters Run
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$6,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017