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10824 La Salinas Circle
About This Property
The Clubhouse boasts a resort style saltwater pool, jacuzzi, sauna, state-of-the-art fitness center and studio (with professional classes included), locker rooms, party and game rooms, and poolside tiki bar! Also included is access to the Community Park, which features basketball and tennis courts, turf soccer fields, covered playgrounds, and SO much more. Mission Bay is unrivaled as West Boca Raton's premier resort style family neighborhood, with the lowest HOA fees, and no membership required.
South County Regional Park is less than 2 miles away and also packed with amenities! Premium golf course, dog park, water park, amphitheater, nature center, playgrounds, picnic areas, sports fields, boat ramps, kayaking, bike paths, etc.
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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%.
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed by Community Realty Associates | $995,000 | |
| Listed by Community Realty Associates | |||
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Step into this elegant 5-bedroom, 2-story estate, perfectly situated on a tranquil lake in the sought-after Mission Bay community. This home offers a large pool and expansive screened paver patio (2023), creating a peaceful outdoor space ideal for entertaining or quiet relaxation while overlooking the water. A large side yard - a rare feature in this neighborhood - provides additional outdoor space for recreation, sports, or gardening. Many upgrades in the last 5 years: impact windows (2022), air conditioner, and furnace (2021), an Electrical panel (2019) with 220v set up for an electric car charger, a finished garage, and a 5-year-old roof, providing durability and peace of mind. Inside, you'll find beautiful tile and wood flooring throughout - with no carpet - complemented by crown molding. The spacious master suite serves as a private retreat with a coffered ceiling, wood floors, his-and-her closets, and a luxurious en-suite bathroom with dual vanities. The additional four bedrooms provide flexibility - perfect for family, guests, or transforming one into a dedicated office or study. The kitchen has lots of counter space, storage and boasts Samsung stainless steel appliances, and both the range and washer/dryer are smartphone-compatible for added convenience. The home is equipped with smart home devices, allowing you to control lights, temperature, door locks, and a Ring alarm system with three outdoor cameras. Just a short walk away, you'll find the Mission Bay Clubhouse and Community Park, offering resort-style amenities including pools, a fitness center, and tennis courts. Low HOA dues of $258/month cover high-speed internet, cable, irrigation, patrolling security, and full access to all Mission Bay amenities.
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| Mar 3, 2023 | Sold | ||
| Sold | |||
| Jan 2, 2023 | Listed by Coldwell Banker Realty | $850,000 | |
| Listed by Coldwell Banker Realty | |||
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About Mission Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017