1051 NE 3rd Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | Listed by Tangent Realty Corp | $3,200,000 | |
| Listed by Tangent Realty Corp | |||
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This exceptional newer-built home in Boca Villas is a fantastic opportunity in East Boca Raton's most sought after neighborhood. The home comprises 5 ensuite bedrooms and 5 1/2 baths, with the primary bedroom conveniently located on the first floor. A spacious open upstairs loft offers additional versatile space for various needs. Situated in downtown Boca Raton, the property is within walking distance of Mizner Park, offering access to world-class dining, shopping, and cultural attractions. This Boca Villas residence is not only a home but a gateway to a lifestyle that seamlessly combines luxury, convenience, and cultural richness in one of the most desirable locations in East Boca Raton.
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| Sep 25, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | Listed by Elite Realty of South Florida | $1,679,000 | |
| Listed by Elite Realty of South Florida | |||
| Aug 2, 2017 | Sold | ||
| Sold | |||
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About Boca Villas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017