Welcome to 5399 Landon Circle in Cascade Lakes! This spacious
3-bedroom, 2-bathroom home features one of the largest models in
the community, offering a well-designed floor plan with ample
living space. The property features a new roof completed in
2023, providing a recent major improvement. The home is located in
Cascade Lakes, a 55+ age-restricted community with an HOA.
Conveniently located in Boynton Beach with access to
shopping, dining, entertainment, major roadways, and nearby
beaches. Don't miss the opportunity to view this spacious
home and one of the larger models in Cascade Lakes. Schedule your
private showing today! Buyer and Buyer's Agent to
independently verify all information, including community age and
occupancy requirements, HOA fees, association rules and
regulations, restrictions, amenities, approval requirements, and
all other information related to the property and community.
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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