422 Anchorage Drive
About This Property
True Hardwood floors, Fully remodeled bathrooms, Resort Style Backyard, fully loaded outdoor kitchen, deck, open/close pergola, 3 hole mini golf course and much more! Your newly professionally landscaped front and backyard with custom dawn to dusk lighting is fully fenced for privacy. The property boasts a refreshing pool, perfect for cooling off during the warm Florida summers. Meticulously taken care of, this home has it all!! Do not miss this incredibly special home conveniently located near Anchorage Park, Lakeside Park, North Palm Beach Country Club, The Conservatory School, Gardens Mall, beaches, & fabulous restaurants. NPB Country Club includes Jack Nicklaus Signature golf course, olympic size swimming pool, tennis center and Farmer's Table restaurant.
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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 North Palm Beach Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017