7112 Eugene Court
About This Property
There is a bedroom & full bathroom on the ground level of the main house, the cottage also features a full bath that opens out to pool area serving as the cabana bath. Upstairs is the Master Suite and three other bedrooms. The Master suite opens up to the fabulous balcony overlooking the courtyard, pool and backyard. This community is also located close to shopping, turnpike and Airport. Amenities at Journeys End include: Tennis, resort style pool, billiards, teen room, exercise room, full size kitchen and community room, party room, media room and clubhouse. Don't miss this one of a kind home in a fabulous community!
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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