NEW PRICE-$710,900! $20,000 Price Reduction! Indian Model,
Beautiful Lake Views! Southern Exposure 2,327 Sq. Ft. This home
shows like a Model.The Open Floor Plan offers 2 BR+Den/3rd BR/2 1/2
Baths *2024 A/C *Beautiful White Interior *Custom
Molding *Etched Glass Transoms *French Doors *Designer Fans
*Laminate Flooring *Finished Garage Floor *Warm Rich Cabinetry
*Abundant Storage *Stunning Lighting Fixtures Throughout. Screened
Patio. Buyer/Buyers broker to verify information contained within.
Sellers agent must accompany buyer.Must show proof of cash
w/contract & pre-approved letter for finance.Measurements estimated
not guaranteed.Maintenance includes :Internet,hbo,show,wifi,
lawn,alarm & exterior paint.Buyer pays 1x working capital at
closing $5,040.00.Seller requests Oct/Nov closing. Valencia Palms
is an Active Adult Community. You will Enjoy the Country Club
Lifestyle Without Paying the Equity Membership Fees. Spectacular
Multi-Million Dollar Clubhouse you will enjoy. Stunning Lobby as
you enter the Clubhouse with very Comfortable Seating. A Great
Place to Meet New and Old Friends. Valencia Palms has 6 Har Tru Lit
Tennis Courts (Very Active Tennis Community) with a Wonderful
Tennis Pro. There are Two Bocce Courts and first-class pickle ball
courts with stadium seating, Beautiful Grand Ballroom with a Dance
Floor, Raised Stage, Drop Down Screens, Separate Dressing Room,
Special Lighting & Sound Proofing enhanced by very Comfortable
Seating to Enjoy the Great Entertainment. You will Enjoy the Resort
Style Swimming Pool, Resistance Pool & Whirlpool Spa, Shaded
Cabanas, Men's and Woman's Locker Rooms with Steam Rooms & Showers.
Lovely Cafe For Breakfast & Lunch. You can Dine Inside the Cafe or
Outside in a Screened Area Overlooking the Beautiful Pool. Waitress
Service with a smile. You can Dine Outside under the Umbrellas in
nice weather. First Class Fitness Center with an Aerobics Room
offering Great Classes at a minimum fee. There are three card
rooms, Billiard Room, Conference Room and Arts & Craft Room. There
are Many Clubs for you to Join so you can Meet New Friends. There
is a Walking, Jogging & Bicycle Path. Valencia Palms is Centrally
Located. Very Convenient to Food Shopping, West Palm Beach Airport,
Florida Turnpike, Boca Raton Town Center Mall, and many well-known
Boutiques and Fabulous Restaurants. Also Convenient to Doctors,
Hospitals. Not Far From the BEACH, Movie Theaters, Bowling Alley,
and Downtown Delray where you have a choice of Fabulous Restaurants
and Shopping. Look forward to meeting you and showing this
beautiful home to you.
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.
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