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9707 Harbour Lake Circle
About This Property
The bright, open layout is perfect for both everyday living and entertaining, while the serene patio provides the ideal space to enjoy morning coffee or sunset evenings by the water.
Palm Isles offers unmatched resort-style amenities, including a 24/7 guard-gated entrance and a brand-new 50,000 sq ft .... clubhouse featuring a 600-seat performing arts theater, cafe, multipurpose rooms, arts & crafts studio, billiards and card rooms, and a state-of-the-art fitness center. Residents also enjoy indoor and outdoor pools, eight Har-Tru tennis courts, pickleball, shuffleboard, and a picturesque gazebo perfect for sunset views.
This is truly resort living at its finest where luxury, lifestyle, and community come together.
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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 Isles
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$6,000 /mo
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017