3787 Rainforest COURT
About This Property
Second floor has an updated bathroom, two bedrooms and large media room with built in cabinets. This room could turn into another bedroom with closet addition.
Walk down the path, across the bridge to the play area, Clubhouse, Fitness Room and Bathrooms that access the 81' heated lagoon shaped pool.
Close to shopping, restaurants, golf, marinas and beautiful beaches. HOA includes lawn maintenance, landscaping and palm trimming, Optical Tel for TV and internet. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017