8096 Ironstone Drive
About This Property
Amenities include a resort-style pool with cabanas, tennis courts, outdoor basketball courts, tot lot for kids and beautifully designed clubhouse. Only a couple minutes drive to the turnpike, Delray Marketplace with Publix and popular restaurants, walk to the Tuscany Shoppes with Starbucks, BurgerFi, Yellow Tail and more dining as well as a hair salon and nail salon. New plaza with Joseph's Italian Grocery Market, Nektar Juice & Smoothie Bar and 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