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6301 Evian Place
About This Property
Outside, the side yard features fruit trees including mango, papaya, lemon, and avocado, several already bearing fruit and ready to enjoy. The home is just a short walk to the community pool, hot tub and clubhouse with kitchen read for events and gatherings. This home is well-loved and has a great layout with lots of light, and unbeatable views ready for someone to make it their own.
Indian Springs is a gated, 24-hour manned community. The Evian section Clubhouse is available to Evian residents at no additional cost. Membership to the Indian Springs Club is OPTIONAL.
Conveniently located close to shopping (including Publix and Whole Foods), parks, churches, and just 15 minutes to downtown Delray and the beach.
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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 Indian Spring
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$3,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017