This bright and spacious home boasts soaring ceilings and a nicely
updated 3-bedroom, 2-bathroom villa in 55+Palm West Community. This
beautiful unit which was the builder model home has a lot to
offers an open floor plan, an abundance of natural light, crown
molding, a large open space for entertaining. The private screened
patio offers the perfect spot to relax. The master suite has a
large walk-in closet with built-ins and a large soaking tub.
Spacious second and third bedrooms, the third bedroom is currently
being used as an office. The kitchen has beautiful granite
counters. New A/C less than a year old. Palm Isles West offers a
vibrant community with a 54,000-square-foot multi-million dollar
renovated Clubhouse. Pickleball, tennis courts, four swimming
pools, and an indoor pool, ensuring ample year-round activities.
The onsite cafe serves breakfast and lunch seven days a week,
providing convenient dining options. The HOA maintains the exterior
of the homes, including regular painting, allowing you to enjoy
peace of mind while preserving the community's aesthetic appeal.
Other included services are a basic alarm system, pest control, and
landscaping, ensuring your home stays in pristine condition.
Residents also enjoy basic digital cable, as well as high-speed
internet. Sidewalks and gated security make Palm Isles West offer a
perfect blend of comfort and convenience. Don't miss the
opportunity to make this exceptional property your new home!
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.
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