7046 Valencia Drive
About This Property
and built-in barbecue. This home also features a wonderful Theater room. The beyond elegance master suite has a sitting area, marble spa, dressing area with built-ins and spiral staircase to an extra space for a study or exercise room. Additional 3 bedrooms with a spacious with a spacious sitting area, and wrap around balcony with pool and golf course views. Close to place of worship.
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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 Boca Grove Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017