8087 Fire Opal Lane
About This Property
Nicet Unit w/ Great Room + Formal Dining Room, Total 5 Bedrooms and 4 full bath + Loft. Master Bed upstairs, her & his wallking Closet with nice cabinets, another Suite # 2 with Bath #2 has walking closet.Bed's 3 & 4 share Bath #3, and the 5th Bedroom downstairs with full bath # 4.
2 Car Garage, Covered Patio with private Garden View on the Back. Tuscany have a community Clubhouse, Free Wi-Fi, Resort-Style Pool with Lap Lanes, Tennis Court, Open Play area for Sports & Activities, Childens Aqua Lot, Coverate Party Pavilion, Shaded Children's Tot Lot, 1/2 Court Basketball, BBQ Area w/ Table Seating,Indoor 1/2 Sports Court, Card Room, Fitiness Center, Party Room with Kitchen, On site Property Manager. On Gate Comminity. Unit Now have Tenant .
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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