8415 Bridle Path
About This Property
An extended Covered Patio overlooks the Pool and Spa Area which allows for great entertaining or just a relaxing swim. The Six Stall barn has a large Air Conditioned Tack Room as well as Private Grooms Quarters with private Bath and Laundry Facilities.
This Fabulous Equestrian Community is minutes from Boca Shoppes and Easy access to I95,the Florida Turnpike and a short drive to the Beach.
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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