41 Laredo Lane
About This Property
LIVE JUST A SHORT BIKE RIDE AWAY FROM THE BEACH!!!
Key Features of the property:
Extremely convenient location close to Mizner Park, downtown Delray and major highways.
Brand new kitchen, flooring, bathrooms, appliances, air ducts and electrical panel
All finishes in the home are designer and custom made for the property.
Custom windows treatments.
Refinished oversized pool, making the backyard feel like a resort villa.
Spacious refinished backyard.
AC 2020.
Roof 2021.
Designer Porcelain tile throughout the whole house.
Shed in the backyard can be used as playroom, working space, storage or guest house.
No rental restrictions, No HOA!
Zoned for A+ schools.
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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 Hidden Valley
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$6,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017