7471 Via Luria
About This Property
About the community: Isola Bella is a nicely landscaped community that has a genuine family appeal. The community offers resort style amenities such as a heated swimming pool, jacuzzi, kids splash area, tennis court, basketball court, and play ground. The Clubhouse is a quiet retreat for the residents. Inside you will find a spacious community/party room, kitchen, kids play room, full gym, men and women locker rooms + individual steam rooms and showers. Located in a impeccable school zone. HOA includes: 24/7 manned gated security, lawn care maintenance, clubhouse, and electronic entrance.
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017