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9077 Vander Cove
About This Property
As you approach the property, you're greeted by a tastefully landscaped exterior. The paved driveway leads to a spacious two-car garage, accentuated by vibrant tropical foliage that surrounds the entrance. The meticulously curated landscaping adds a touch of elegance to the property's street appeal. Upon entering, you'll find a thoughtfully designed living space boasting 2019 square feet. The interior showcases a diagonal tile flooring that creates a sense of flow throughout the home, while plush carpeting enhances the comfort of the bedrooms. Crown molding and 6-inch baseboard molding throughout add to the refined aesthetic, creating a cohesive and welcoming atmosphere.
The open concept layout encompasses a modern kitchen complete with stainless steel appliances, ample cabinetry, and a beautiful granite countertop that serves as a central hub for family gatherings and entertaining guests. The well-lit living area transitions seamlessly to an expanded patio area, ideal for outdoor leisure, offering an inviting space to unwind or host alfresco dining.
Additional features include accordion shutters, providing both security and convenience during the hurricane season, and an expansive outdoor space that invites relaxation. The property is bordered by lush greenery and also offers serene water views from the backyard, fostering a tranquil environment for everyday living.
Enjoy the many amenities that Valencia Reserve has to offer, along with a vibrant community atmosphere. With its attractive features and prime location, this property is not just a home but a lifestyle choice.
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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