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8115 Viale Matera
About This Property
the master bedroom suite, with his 'n her walk in closets, and
master bathroom with toilet room, double sinks, linen closet, and walk in shower. Flooring in all
the bedrooms has been refinished with luxurious engineered hardwood. As soon as you step
outside the rear of the home onto the extended brick paver patio, you step into Paradise! You
will truly appreciate the beautifully landscaped and lighted outdoor area of the home, which
includes a recently purchased $15,000 spa/hot tub with dock box, outdoor shower, and
fireplace to enjoy on Florida's cool winter evenings! It is so inviting, with its point lot on the
lake, and easement on the right side of the home. This home includes two and a half year old
Central AC, landscape lighting at the side and rear of the home, extensive high hat lighting
inside the home, beautiful crown moldings, craftsman style trim around windows, Nest
thermostat, Ring doorbell, Levelor blinds on every window, Samsung washer/dryer, two 4'x8'
wire shelves above garage door for much needed extra storage, pull down attic stairs, extra
outlets in garage, electric garage door opener, AT&T security, and valuable HURRICANE
IMPACT windows and doors for your convenience, safety, and security! The community has a
24 hour manned gate for your peace of mind. It is enjoyed by all, and includes a clubhouse
with fitness center and saunas, social room, library, heated pool and spa, kids' splash pool with
umbrella spray, playground, basketball court, and tennis courts. All this and location, too! The
community is located in an A RATED SCHOOL DISTRICT, and close to shopping, restaurants,
medical facilities, beautiful sandy BEACHES, Palm Beach International Airport, and all major
roadways. This is a place you will love to call H-O-M-E!!!
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Cap Rate Calculator
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