6402 Brava Way
About This Property
Costa Brava employs a property management company. Ownership in the community includes: full landscaping services, cable, complete periodic painting of homes, pressure cleaning of the roofs and walkways, twice a week garbage collection(Monday and Thursday- Monday includes recycling and Thursday vegetation), as well as the maintenance of all roadways within the community. Also, there is alarm monitoring of the individual homes. Community website: http://www.CostaBravaHOA.com ~~ Costa Brava is one of 29 villages in the exclusive community of Boca Pointe. Boca Pointe Community Association is the umbrella association under which all villages fall. Website: https://www.BocaPointe.com
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017