Move-in ready Paige! Located in the gated 55+ community of
Cresswind Palm Beach. Offering 3 bedrooms, 3 baths, a
versatile flex room, and an extended 3-car garage, this home is
thoughtfully crafted for comfort, entertaining, and everyday
convenience. Open-concept layout is enhanced by elegant 24" x 24"
tile flooring. Chef-inspired kitchen showcases quartz countertops
with a full-height quartz backsplash, premium cabinetry with
stacked upper cabinets, a pantry built-in, under-cabinet lighting,
stainless steel GE Profile appliances. Additional highlights
include a flex room, enhanced LED lighting throughout, and smart
WiFi-enabled entry lock.
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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