5738 Royal Lake Circle
About This Property
Plantation Shutters, Accordion Hurricane Shutters. Lovely Canal View with NO obstruction. Newer Roof, Rheem A/C. The 3rd BR acts as a Den/Office. Beautifully Decorated, Owner's heart and soul went into this home. Sky-lights in Kitchen and Living Room Area.
There's a Service Contract. NO Carpet.
Coral Lakes has 7 Pools, 5 Hot Tubs, Over 50 Clubs, 10 Har Tru Tennis Courts with Tennis Pro, Fitness Classes & MOR This listing is subject to error, omission and change without notice. Buyer must verify All Information. All sizes are deemed reliable but not guaranteed.
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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%.
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017