961 Laurel Road
About This Property
The Village offers a brand new clubhouse and restaurant with a Jack Nicolas signature golf course, 2 Boats ramps, 2 marinas, 3 parks, a recreation center with youth sport activities, beach volleyball, community center and dry boat storage. NO HOA FEES! Well funded Local Emergency and Library services. Village of North Palm Beach is a Golf Cart community and the country club is a short ride away. Come experience the best of what Southern Florida has to offer.
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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 North Palm Beach Village
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 4 Beds
- 3 Baths
- 2,400 ft²
$6,500 /mo
- 3 Beds
- 2 Baths
- 1,591 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017