5779 Royal Lake Circle
About This Property
HOME IS READY FOR YOU TO MOVE IN AND ENJOY THE FANTASTIC LIFESTYLE IN CORAL LAKES. HOME HAS SPACIOUS EAT-IN KITCHEN. GREAT DINING ROOM AND LIVING ROOM. MASTER BEDROOM HAS LARGE WALK-IN CLOSET. BIG MASTER BATH WITH 2 SINKS AND LARGE SHOWER. FULL SIZED GUEST ROOM.
BUYER TO PAY 1 TIME CAPITAL CONTRIBUTION AT CLOSING WHICH IS $2441.
CLUBHOUSE HAS A $3000. ASSESSMENT PAID Q AT $500. SELLER TO PAY UP UNTIL CLOSING. BUYER TO PAY REMAINING AMOUNT.
CLUBHOUSE HAS A FULL THEATER, CAFE, EXERCISE CLASSES, GYM INDOOR AND OUT DOOR POOL. 10 HAR-TRU TENNIS COURTS, PICKLE BALL. TOO MUCH TO MENTION. CALL TODAY!!
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What does this mean?
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.
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