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7311 Demedici Circle
About This Property
Community offers: Lavish 22,000 sq. ft community clubhouse, 6 lighted Har-Tru tennis courts, Fitness center with locker rooms and sauna, Olympic-sized heated pool, Theatre/Stage, Lounges and card rooms, There is a vast selection of activities, entertainment shows, theme parties, dance and special events to fill your calendar year round. Only moments away from the best Delray Beach has to offer; pristine beaches, abundance of restaurants, bistros, specialty shops, galleries and ample entertainment. Come join the fun and live the active adult lifestyle you've always dreamed.
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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