829 Sunset Road
About This Property
As you approach the home, you'll immediately be struck by the beautiful Spanish tile roof and colorful stucco facade. Step inside and you'll find a spacious and airy foyer leading to the living area, complete with high ceilings, wide doorways, and plenty of natural light.
The gourmet kitchen is a chef's dream, with top-of-the-line appliances, stone countertops, and plenty of storage space. The adjacent dining area is perfect for hosting dinner parties and family gatherings. This home features four spacious bedrooms, each with plenty of closet space and natural light. The primary bedroom includes a luxurious ensuite bathroom, complete with a spacious shower and dual sinks.
Step outside and you'll find a beautifully landscaped and fenced backyard, perfect for enjoying Florida's sunny weather. The detached garage includes an air conditioned bonus room above, ideal for a home office, gym, or game room. There's even potential to turn it into a guest suite. Other features include, new interior painting, hurricane impact glass, new landscape, and fresh sod.
Located in the historic Flamingo Park area, this home is surrounded by many other charming and historic homes, and is just a short walk or bike ride away from many of the city's best restaurants and shops. Don't miss your chance to own this stunning home in one of West Palm Beach's most desirable neighborhoods!
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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 Flamingo Park
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$5,950 /mo
- 1 Bed
- 1 Bath
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$8,250 /mo
- 4 Beds
- 3 Baths
- 3,258 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017