6444 Tiara Drive
About This Property
Our facilities are unsurpassed with five satellite pools, handball and basketball courts, ten Hard Tru tennis courts and two pickleball courts (with more to come). Our Tennis pro/instructor is available for individual or group lessons.
The Coral Lakes Cafe is open from 8am until 3pm daily, serving everything from eggs, to pancakes, to salads, to burgers and various Specials daily. Our cafe also provides full service catering for show nights and various events throughout the year.
Enjoy first run movies, live top name shows, in-house productions, lectures and more in our professionally equipped 600 seat theater.
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017