6984 Pisano Drive
About This Property
Villaggio is a sought after desirable friendly community of 538 single family homes including a recently renovated clubhouse, an outdoor resort style pool and Jacuzzi, a large Social Hall for shows, meetings, events and parties. There are 3 card rooms, Arts and Crafts, Billiards, AND a table service cafe offering inside or poolside dining. The separate fitness center has an indoor lap pool, a Jacuzzi, a large well equipped workout center, a racquetball court, 10 Har Tru lighted tennis courts, 2 Pickleball Courts, 2 Bocce ball courts and an aerobics room where all of the classes are FREE. There is also an on-site Hair Salon. There are more than 40 clubs and plenty of club events to keep you as busy and active as you like.
Villaggio is a warm, friendly and active community. It's just small enough to comfortably fit into and just large enough to house all of our wonderful amenities
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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.
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