7116 Cataluna Circle
About This Property
The screened Patio was extended which allows for more entertaining space.
Minutes to the Florida Turnpike and a short ride to downtown Delray, "The Ave". Furniture will be staying with the home for sellers convenience. excluded items are, TV in LR, chair in master and rocker in Living room.** all room sizes are approx.
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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 Vizcaya
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017