9040 Chauvet Way
About This Property
The chef's kitchen boasts a 42" side-by-side built-in Stainless Steel Energy Star Qualified Refrigerator with a built-in water and ice dispenser, 36" Drop-in Stainless Steel 5-Burner Gas Cooktop with 30"
Stainless Steel Built-in Double Oven, 36" Stainless Steel Wall Hood, Built-in Stainless Steel Microwave with Trim Kit and much more! Natural marble countertops offer a choice luxury finish in the kitchen and all bathrooms. The master bath showcases marble top finishings, a tempered glass shower enclosure with custom water hose features, acrylic drop-in soaking tub, and much more. Literally no expense has been spared throughout this Somerset Grande model home. From the custom draperies, designer grade furniture, and tasteful decor 9040 Chauvet Way represents a transitional estate with contemporary finishes at the highest end. The backyard boasts a custom L-shape pool with bonus water features, privacy wall, and night swim custom lighting for all entertainment purposes.
Boca Bridges is the finest new luxury GL home community to hit the market. The resort style community offers top tier amenities and a
27,000 sq. ft. clubhouse, seven acres of recreational space, five-star resort lifestyle living , gourmet restaurant on site, resort style pools, game room, card room, world class sport courts fitness facilities and spa services. "
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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%.
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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