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7592 Colony Palm Drive
About This Property
Extra features: AC (4 yrs), Water Heater (5 yrs), 22,500 W Generator, Front Load Washer/Dryer, 2 laundry room closets, All Electric Light Fixtures, All Ceiling Fans, Garage Clickers (2), Crown Molding Throughout, Downstairs bedroom w/private door to back patio. Centrally located close to ''A'' rated schools, shopping, entertainment, dining, Airports, I-95 And Florida Turnpike.
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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 Colony at Boynton Beach
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$2,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017