Discover this inviting villa, 3 Bedroom, 2 Bathroom fully furnish
villa with your own private lash garden view, in a desirable Las
Verdes neighborhood of Delray Beach. with newer roof was replaced
in 2022, Water heater replaced 2022, and A/c was replaced in 2019.
3-bedroom villas in this community tend to sell fast and are very
appealing to buyers. Bright and airy with an open floor plan, it
features a functional kitchen, spacious bedrooms and living area.
Just minutes from Atlantic Ave, beaches, dining, and shopping. This
home offers the ideal blend of comfort, charm, and location. This
gated community has resort like amenities including, multiple
pools, tennis, pickle ball, fitness center, clubhouse, billiards,
basketball, shuffleboard and library. All of this for a very low
HOA fee.
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.
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
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