WHAT A BEAUTY!! READY TO MOVE IN, RECENTLY PAINTED. NEWER
FULL SIZE WASHER AND DRYER, NEWER FLAT TOP RANGE, TILE FLOORS ON
MAIN AREAS, GREAT CUL DE SAC LOCATION, ACCORDION SHUTTERS, HUGE
BACKYARD WITH NO HOUSES BEHIND (PRESERVE), WALK-IN CLOSET, VAULTED
CEILINGS, EAT-IN KITCHEN,NEWER GARAGE DOOR, 1 CAR GARAGE AND
ADDITIONAL 2 CAR DRIVEWAY, STATE OF THE ART CLUBHOUSE , GATED
COMMUNITY WITH 24 HOURS SECURITY GUARD, EXCELLENT SCHOOLS,
ASSOCIATION REQUIRES 650 MINIMUM CREDIT SCORE. MAINTENANCE INCLUDES
CABLE, LAWN SERVICE AND ALARM.
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.
Legal Description 1:
REGENCY LAKES AT COCONUT CREEK 157-23 B POR PAR A DESC AS COMM SW COR TR 9,BLK 86 OF THE PALM BEACH FARMS CO PLAT NO 3 2/45-54 PB,E 345,N 49.34 TO POB,CONT N 61.25,NE 39.64,SE 13.75,NE 6.43,NW 5,NE 6 SE 5,NE 28.84,NE 1.80,SLY AN ARC DIST 19.22,SW 13.
Neighborhood
School District Name:
Broward County School District
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