3891 Netherlee Way
About This Property
Wycliffe homeowners association has updated the Comcast cable to contain the X1 platform with whole-house DVR, High Definition and 3 additional HD boxes which will cover up to 4 TVs with voice activated remotes. There will also be high speed internet service of 150 mbps speed and telephone service with local and long distance calling, included in the maintenance. All landscaping maintenance, sprinkler systems, exterior painting, pressure cleaning the roofs, and security is included in the quarterly HOA maintenance fee. Wycliffe has roving guards, paramedics on campus, monitored alarm systems, and manned gates.
Wycliffe Golf & Country Club, showcases two challenging 18 hole PGA National Golf courses with contrasting styles; 15 Har Tru tennis courts; a full service club house offering daily dining options, fitness center & programs, spa services, card games, library, pools and a huge variety of social events and best of all, it's in the heart of beautiful Wellington, Florida, just minutes from the West Palm Airport. Centrally located with easy access to Boca Raton and Palm Beach Gardens, the best in country club living is waiting for you to enjoy here at Wycliffe.
Yes, You Deserve It!
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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%.
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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 Wycliffe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017