6923 Cypress Cove Circle
About This Property
3 Bedroom 3 bathroom 2440 Sq.Ft. Contemporary CBS Home with 2 Car Garage. Recently updated kitchen includes wood cabinets with soft close hinges, stainless steel appliances, marble countertops, sit down island with matching floor tile. All 3 full bathrooms have been renovated. Gorgeous master bath features free standing tub, separate shower and dual sinks. Beautiful home office with custom built cabinets for those that opt to work from home. The entire house has professionally installed hurricane rated impact windows and sliders. Florida outdoor living at its finest with fenced in backyard, screened in pool area with resurfaced pool and pool deck! Plush landscaping both front & back and recent exterior paint. Ideally located within minutes from I95, Florida turnpike, & US1.Markets, numerous restaurants, top notch golf courses, Tequesta, Abacoa, Alton all only minutes away! Cypress Cove is a gated community in the heart of the Shores which features 2 tennis courts, a basketball court, and a small picnic area. A MUST see!!!
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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%.
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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.
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 Cypress Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017