30
Map
9539 Newport Road
About This Property
in living areas and laminate flooring in all bedrooms.Newer A/C, hurricane impact windows, French doors leading out to pool area. All new interior doors. Wainscoating in second bedrooms. This home is on a cul de sac street and the sprinkler system is fed from the lake.
Very low HOA fee which includes a community pool, tennis courts, basketball courts and playground. Walk to house of worship. Close to many restaurants, shopping, & movies. This is a great home with a great lifestyle. Fish from your back yard or go canoeing. Exclude washer & dryer and Jatropha tree that is in the nw corner of the backyard.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2018 | Sold | ||
| Sold | |||
| Feb 20, 2018 | Listed by Champagne & Parisi Real Estate | $425,000 | |
| Listed by Champagne & Parisi Real Estate | |||
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About American Homes Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017