Welcome to this charming 3-bedroom, 2-bathroom manufactured home
located in Jamaica Bay Mobile Home Co-Op in Boynton Beach, Florida.
This single-story residence offers 1,324 square feet of finished
living space, providing comfortable air conditioning from a newer
A/C system complimented by 8 ceiling fans placed throughout to keep
energy bills low and breezes flowing. You will love the upgraded
chef's kitchen, complete with a functional center island, modern
soft close drawers and plenty of prep space. The layout offers
fantastic flexibility: one of the spacious bedrooms has a private
exterior entrance making it perfect for a guest suite, home
office or hobby room. additional peace of mind include a 2018- 40
gallon hot water heater, upgraded electric, and 2025 vapor barrier
replacement. The super- low HOA fee of just $270/month is one
of the best in the area and includes internet . water, sewer, and
lawn care. This gem is priced to sell!
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.
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