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4832 Marston Lane
About This Property
Enjoy ultimate relaxation in your private saltwater heated pool that overlooks the lake making the perfect setting for entertaining and family gatherings. Andalucia is a gated community and walking distance to the new state of the art Dr. Joaquin Garcia High School, Woodlands Middle School and minutes to the elementary school. This is an ideal location as its close to turnpike , under 15 min to PBIA, 5 main grocery stores to shop at including a brand new Aldi's , Trader Joes and Whole Foods all within a 6 mile radius and minutes to Polo, WEF , Wellington mall and all the shopping and dining that Wellington and West Lake Worth have to offer ! This home combines modern amenities with a warm , welcoming ambiance making it the ideal place to call home .
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017