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7470 Falls Road W
About This Property
Lakeridge Falls is an exclusive active adult 55+ community featuring gated entry, luxury resort style living with recently updated clubhouse, state of the art fitness center, resort-style pool & spa, dry sauna, billiard room, arts & crafts room, kitchen, card room and Har Tru lighted tennis courts all immersed in a tranquil setting for residents to enjoy. Excellent location in close proximity to a wide array of casual and fine dining restaurants, major area retail, world-class equestrian centers and polo grounds, championship golf courses, major area hospitals, Palm Beach International Airport, access to highways, public parks & city amenities, houses of worship and less than 10 miles from the beach. This is your opportunity to live in paradise! Schedule a showing today.
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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 Pipers Glen
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 3 Beds
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- 2,489 ft²
$5,200 /mo
- 2 Beds
- 2 Baths
- 1,585 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017