7044 Pisano Drive
About This Property
PROFESSIONALLY LANDSCAPED, SCREENED ENTRY, NEUTRAL CERAMIC TILE SET ON A DIAGONAL, UPGRADED WOOD CABINETS THROUGHOUT, KITCHEN CABINETS HAVE A CROWN ON TOP, S/S APPLIANCES, FULL BACKSPLASH, UNDERMOUNT S/S SINK & PENDANT LIGHTS OVER THE ISLAND. GUEST BATH HAS GLASS SHOWER DOORS & TILE TO THE CEILING AS DOES THE MASTER BATH PLUS UPGRADED PLUMBING FIXTURES . LOTS OF HI HATS. A/C 2018 & WASHER/DRYER 2019. COME JOIN THE ACTIVE VILLAGGIO LIFESTYLE: 2 CLUBHOUSES; INDOOR/OUTDOOR POOLS; (COOLED IN SUMMER & HEATED IN WINTER); SALON; CAFE; CARDS; SHOWS; CLUBS; ARTS & CRAFTS; TENNIS; BOCCE; PICKLEBALL & SO MUCH MORE. DON'T BE LEFT OUT! ALL SIZES ARE APPROX. & NOT GUARANTEED. 3RD BEDROOM HAS ROOM FOR A CLOSET. ALL INFORMATION DEEMED RELIABLE SUBJECT TO ERRORS, OMISSIONS OR CHANGES WITHOUT NOTICE. VILLAGGIO IS AN 80/20 COMMUNITY & OUR 20% UNDER 55 HASN'T BEEN MET.
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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