7823 Sondrio Way
About This Property
This is the only villa with an eat in kitchen.
The kitchen includes upgraded white wood cabinetry, quartz counter tops, pantry pull-outs, upgraded stainless steel range and refrigerator. Ceramic tile flooring throughout.
Designer ceiling fans , plantation shutters.
Primary walk in closet built-ins, dual sinks, Extended driveway fits 2 vehicles. Expanded screened lanai and much more.
Villaggio Reserve has a 38,000 sq. foot clubhouse with 2 adult pools, kiddie pool, spa/jacuzzi, cafe, fitness center, bocce, tennis and pickleball and so much more.
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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