4272 Raffia Palm Circle
About This Property
Step out onto the extended screened-in lanai, an ideal space for gatherings, entertainment, and relaxation. Here, you can indulge in the tranquility of your private pool and spa while enjoying the Southwest Florida lifestyle.
The clubhouse includes a resort-style pool, a 2,000-sq. ft. fitness area, social room and basketball courts.
Situated within A+ rated school districts and just minutes from shopping, dining, and the pristine Gulf beaches, this home offers unparalleled convenience and peace of mind with NO FLOOD ZONE concerns. Immerse yourself in the luxurious lifestyle that awaits within the gates of Raffia Preserve where every detail has been designed to exceed your expectations.
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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 Urban Estates
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$6,700 /mo
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$7,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017