7171 Pigeon Key Way
About This Property
Residents of Lake Charleston in Lake Worth enjoy amenities like winding walking trails, several swimming pools, basketball courts, volleyball courts, a soccer field and Lake Charleston Park which is approx. 9 acres. Lake Charleston is located in an excellent school district on the west side of Jog Road just south of Hypoluxo Road.
Great for someone who wants to make it their own! Schedule a showing before it's gone.
Virtual Tour - https://youtu.be/EFKJfQlIzLE
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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 Lake Charleston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017