835 Alamanda Street
About This Property
COMPLETELY REMODELD HOME ON PRIVATE RESORT STYLE LUXURY ESTATE LOT; ALL NEW CGI HURRICANE IMPACT WIDOWS; RESORT STYLE POOL; HEATED SPA; WATERFALL; NEW UNDERGROUND WIRING; NEW AIR CONDITIONER; NEW DUCTWORK; KITCHEN TOP NOTCH WITH WATERFALL CESAR STONE COUNTER; MIELE KITCHEN APPLIANCES ALL NEW; BOSCH COOK TOP WITH ISLAND HOOD; SONOS AUDIO INSIDE AND OUT;
DREAM HOUSE; DREAM LOCATTION, CUSTOM FEATURES THROUGHOUT; OUTDOOR GAZEBO/SUMMER KITCHEN
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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 Boca Raton
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$7,000 /mo
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$9,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017