Welcome to this lovely landscaped small community in Royal Palm
Beach with mature trees and an abundance of green space. Park at
the entrance to your front door, enter through the sheltered
porch, inviting you in to the light, bright and immaculate home.
Off the kitchen is a small screened and roofed Patio room, to enjoy
morning coffee or just take it easy. The open living area gives you
an immediate view out to open green space and the Community Pool
area. Exit through Sliding glass doors open to the covered an
screened Patio, a great place to entertain, relax and enjoy each
day. The main bedroom suite is planned for serenity & privacy.
Enjoy the bath area with separated shower and vanity area.
Conveniently located near shopping, dining, major highways, and top
rated schools. A 2025 few recent interior improvements
include the A/C was replaced in 2024. Dishwasher, Micro-wave,
Washer and Dryer - 2025, Guest Bath Shower door - 9/2026, Kitchen
floor - 9/2026. Roof shingles are replaced every 18 years by HOA.
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.
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