46 Lake Eden Drive
About This Property
This home comes packed with outstanding lifestyle features: 85'' Samsung ultra-high definition 4K television with a 60'' Samsung 4K television that pops up next to it for game day; Generac 22kW whole house generator on city natural gas so the home never loses power; gas stove and water heater; fully automated Control4; Sonos sound system; 360 degree camera view security system; filtered reverse osmosis water system; therapeutic hot tub and a Sunlighten Infrared sauna. Just minutes to Atlantic Avenue and Delray's gorgeous beach. Unique custom renovated family home in a safe, sought after gated community, private enclave off of Swinton Avenue on the border of East Delray Beach. White marble paved driveway and paths around the house. Open kitchen living dining area. Tile flooring. 85'' Samsung ultra-high definition 4K television in living area with a 60'' Samsung 4K television that pops up next to it for game day. Generac 22 kW whole house generator on city natural gas so the house never loses power. Gas stove and water heater. Fully automated Control4. Sonos sound system. 360 degree camera view security system. Filtered reverse osmosis water system. Therapeutic hot tub. Sunlighten infrared sauna and a steam shower. Ideal location just minutes to Atlantic Avenue and Delray's gorgeous beach. Enjoy the lifestyle!
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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%.
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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 Hills at Lake Eden
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017