711 Pinehurst Way
About This Property
The home is located in a Quiet Cul-de-sac location and it features 3 bedrooms plus a custom designed den/office which could be easily converted to a 4th bedroom, formal living, formal dining, and a cozy family room. The Open floor plan with bright natural light and recessed lighting throughout. Tile flooring in all living areas including kitchen. Wood flooring in loft area and brand new carpet in master suite and lush carpet in the other bedrooms. Master bathroom offers double vanities with a roman tub and separate shower. His and her closets. Large living area has sliders leading to covered lanai with view of landscaped back yard, beautiful pool. Spacious modern kitchen has impressive island with double under mount sink and plenty of storage.
Eagleton at PGA National is 24/7 man guard gate community.
PGA National Resort & Spa membership is available but not mandatory. This sought after community is convenient to major highways, I-95 and the FL Turnpike are within 2 miles. This location and Palm Beach Gardens the Signature City also offer fine dining, recreation, shopping and entertainment. Easy access to the beaches and Palm Beach International Airport.
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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 PGA Resort Community
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017