7440 Rexford Road
About This Property
Huge pool and patio area. Beautifully maintained home featuring a new roof, whole house generator, full hurricane protection, phantom screened patio. Also features a golf cart storage area, an air conditioned garage. Interior of home is updated. NO STEPS. All bedrooms in main home are en-suite. New cabana bath and bonus room attached but no access to main house. Totally private street at end on subdivision features privacy and boasts a beautiful view even from the front of home. A very rare and special opportunity to own a spectacular property in Boca West!
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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 Boca West
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$9,000 /mo
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017