493 Forestview Drive
About This Property
upgraded the pool and tennis/pickleball courts. Large storage in carport is a must for downsizing buyers. Low HOA fees. The City of Atlantis is a private gated community offering two outstanding golf clubs, tennis courts, Kintz Park, and it's own City Council and Police Department. Located adjacent to JFK Hospital, and minutes away from downtown West Palm Beach, Lake Worth, the beach and PBI Airport.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017