582 GLORIETA Drive
About This Property
Other Features Include:
Gated Community
Smart Home Features:
Keyless entry (Smart)
Ring Door camera (Smart
Thermostat (Smart)
Security system,
Paver driveway
Extra Paver Patio Area
Screened Lanai
Sprinkler system
Tankless water heater
Pre-wired for Generator
Gutter system
Ceramic tile
Large Cabinets with under lights
Quartz countertops
Walk in Pantry with light
Laundry Room with utility sink
Owners suite with large walk-in closet
Palencia is an amazing community, with private golf and country club including 10 tennis and 2 pickleball courts, family pool with waterslide, adult pool with snack bar, fitness center with lap pool, walking trails, multiple parks, and a boardwalk to the Intercoastal Waterway and more.
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017