69
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3934 Sherwood Boulevard
About This Property
Property features cathedral ceilings & a gourmet kitchen w/ wood cabinetry, granite countertops, and SS appliances w/gas stove. A sunlit breakfast nook flows into the family room with a wet bar-ideal for entertaining or unwinding. Formal living room (gas fireplace) & elegant dining area add timeless charm.
The Primary Ste w/ 2 walk-in closets & spa-style ensuite bath overlooking a tropical courtyard w/ a heated spa, providing peace & privacy. No HOA allows for greater short-term rental income potential in a desirable Delray neighborhood. Enjoy resort-style amenties close to beach & Downtown Delray Beach.
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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