7501 Carmela Way
About This Property
Valencia Palms has 6 Har Tru Lite Tennis Courts. This is a Very Active
Tennis Community with a Tennis Pro who is wonderful. Westchester Golf and Country Club is 5 minutes away if you love to golf. There are so MANY CLUBS to JOIN. Complete Fitness Center with an Aerobics Studio that have GREAT CLASSES..Beautiful Grand Ballroom with a Dance Floor, Stage and Special Lighting and Sound Proofing.
Resort Style Swimming Pool and Resistance Pool and Whirlpool.
The CafA© is open from 8:30-3p.m. everyday with excellent waiters and waitresses (very friendly) and the Food is EXCELLENT..
For your Enjoyment there is Pickleball, Boccee, 3 Card Rooms, 1/2 Basketball Court and Lots of Wonderful Clubs to Join.
We are centrally located and not far from wonderful supermarkets where shopping is a pleasure at Publix. Atlantic Marketplace where there is an IMAX theatre and Bowling Alley plus many Restaurants and Boutiques. Not far from the beautiful Beach. Florida Atlantic University, Florida Turnpike,
Medical Facilities, Parks, and so much more.
To enhance this property there is an easement on one side. There are two key pads and a motion detector. The Alarm is connected if the glass sliding glass doors breaks in the family room and the master bedroom. The Garage has Extra Outlets. There is a ramp in the front of the home for easy access.
I look forward to showing you this beautiful home and introducing you to very special people.
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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%.
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017