6573 Via Rienzo
About This Property
----> More Villaggio is a sought after community of 538 homes with all the amenities you can think of. The club house is currently being renovated and will be the envy of all 55+ communities. The main renovation will be completed in November and the rest will be finished in December. The main clubhouse has a social hall for parties, shows, several card rooms, an arts and crafts room, billiards, library and a great cafe' with table service. The main clubhouse has a large pool, jacuzzi and a putting green. There is also a separate fitness center with 6 har tru tennis courts, 2 bocci ball courts, a large indoor pool, large gym with weights and machines, an areobics room for classes, a racketball court and even a beauty salon with a top notch hair stylist, master colorist, nails, facials, massages, etc. It is all here.
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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.
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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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,250 /mo
- 3 Beds
- 2 Baths
- 2,170 ft²
$7,500 /mo
- 4 Beds
- 4 Baths
- 3,252 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017