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7211 Demedici Circle
About This Property
Vizcaya is a splendid active-adult community located in highly desirable Delray Beach. Here at Vizcaya you are only moments away from the best restaurants and shops in Delray Beach and Boca Rato The Vizcaya community offers its residents and guests use of the following recreational amenities:
* the Lavish Newly redesigned 22,000 sq. ft community clubhouse
* 6 lighted Har-Tru tennis courts
* State of the Art Fitness center with locker rooms and sauna
* Olympic-sized heated pool
* Theatre/Stage
*Multiple clubs and activities
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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