5941 Arbol Drive
About This Property
UPDATED KITCHEN. KING SIZE MASTER SUITE INCLUDES WALK IN CEDAR CLOSET & UPDATED BTH RM. EXTREMLY ACTIVE CLUBHOUSE. BRAND NEW CO-ED EXERCISE ROOM. MANY ACTIVITIES, CLUBS, SHOWS & MUCH MORE. FABULOUS LOCATION, LESS THAN 5 MILES TO FAMOUS DOWNTOWN DELRAY & THE BEACH. CAN'T BEAT THE VALUE OF THIS HOME. ROOF 2005 - A/C 2017 - WATER HEATER 2012.
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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 Delray Villas South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017