Move right into this prestige furnished 3-bedroom, 2-bath Palm
Isles home offering an inviting place to settle and enjoy South
Florida! NEW ROOF! The updated kitchen features stainless steel
appliances and opens to spacious living and dining areas. Both
bathrooms have been tastefully improved, and a newer A/C and water
heater add peace of mind. Home features indoor laundry room! Step
onto the private screened porch for a quiet place to relax, read or
entertain! Enjoy the peaceful waterfront view just outside the
front door. Garage parking adds everyday convenience and storage,
while ADT service, cable and lawn care are included! Palm
Isles is a sought-after 55+ community with a new fully renovated
top tier clubhouse, cafe, pools, pickleball and tennis courts,
fitness facilities, card rooms, clubs and a full calendar of
activities and shows. Close to shopping, dining, beaches and major
highways, this cared for home is ready to welcome you 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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