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726 Palmer Way
About This Property
''Legends'' From the moment you step into the foyer you are greeted with elegance and fantastic views of the pool and lake. This 3 bedrooms plus office boasts an open floor plan, perfect for living and entertaining. Lots of extras..gourmet kitchen with granite counter tops and stainless steel appliances .Master suite features double sinks, walk-in shower and jetted tub. Recently repainted outside, plantations shutters throughout .Utility room features cabinets and sink. Fans throughout and the list goes on..This home is located one of the most sought after school districts. Close to major shopping, parks, churches , golf courses, fine dining, I95, and 15 minutes drive to ocean beaches. This is Florida living at it's best
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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%.
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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 The Legends
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$2,600 /mo
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$2,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017