4985 Pine Tree Drive
About This Property
Travel is a breeze with three international airports available by I-95 or the Florida turnpike and minutes to famed Atlantic Avenue in Delray Beach with shops and restaurants galore.
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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 Equestrian
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 3 Beds
- 2 Baths
- 2,489 ft²
$10,000 /mo
- 5 Beds
- 4 Baths
- 5,514 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017