937 Pompano Drive
About This Property
Please see additional remarks... No expense spared, additional high-quality features include custom cabinetry throughout by Woodlife Custom Cabinetry, dolomite, porcelain and granite counters, custom closets in every bedroom, Subzero, Wolf, and Cove appliances, central vacuum, bathrooms with custom porcelain & ceramic tile with frameless glass shower enclosures, plantation shutters, designer light fixtures, electronic roller shades, custom sheers on all windows, and much more.
An entertainer's dream, enjoy this resort-style backyard with water views, a custom-designed heated pool with spa and sun-shelf, a covered patio with a full summer kitchen, a turfed backyard with a fire pit, an outdoor shower, and lush tropical landscaping. Other highlights include an oversized 2-car garage, 2 attic storage spaces, concrete slate color pavers on the driveway and walkway, cypress wood exterior ceilings, high-end security systems, 2 Navien tankless propane water heaters, 500-gallon underground propane gas tank, a smart house automation electrical system, and more. This no HOA home is conveniently located to great restaurants, shopping, marinas, pristine beaches, and the Jupiter Inlet. Top-rated Palm Beach County school district, close to Roger Dean Stadium, and very accessible to PBI Airport. This home's furnishings are negotiable with upscale, and coastal contemporary decor.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017