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4004 Marigold Road
About This Property
Beyond the home's inviting interior, Tropical Breeze Estates enriches residents' lifestyles with an array of amenities. The community boasts a clubhouse, heated swimming pool, shuffleboard courts, and well-maintained sidewalks, enhancing the overall living experience. Residents can also enjoy organized activities such as bingo, classes, dinners, dances, and water aerobics, fostering a strong sense of community.
The location further enhances the appeal, with proximity to shopping centers, restaurants, and banking facilities, making daily errands effortless. Cultural and recreational venues are also within easy reach, offering diverse dining options and entertainment venues. For beach enthusiasts, the pristine Atlantic ocean coast is just a short drive away, providing sun-soaked shores and recreational opportunities. Major highways and the Palm Beach International Airport are conveniently accessible, ensuring seamless travel and connectivity. Whether you're an avid golfer, a beach lover, or someone who enjoys cultural experiences, this home and its community offer a lifestyle tailored to your desires.
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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 Northern Pines Mobile Home Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017