Welcome home to this well maintained 4-bedroom 3 bath, pool home.
Offering desirable combination of comfort & south Florida living.
Access the ideal outdoor pool area with a to die for back yard,
featuring a covered patio, barbeque area with mature landscape, and
water views for that great weekend entertainment. Additional
features of this remarkable residence include a whole-house
generator, and window protection (shutters/panels). Located
in the desirable community of Boca Isles South, which offers
country club style living, HOA fee includes 24hr manned gate,
high-speed internet and cable. Community amenities include a
beautiful clubhouse, fitness/gym, billiards, pool, tennis, and
pickleball. And a kid's playground. Zoned for A rated
schools. Convenient and well-rounded shopping & dining at
Uptown Boca, Mission Bay Shops and Westwind's of Boca. Located
close to Burt Aaronson South County Regional Park which features;
Coconut Cove Waterpark, Kid's playgrounds, sports fields, tennis,
basketball, and pickleball courts, as well as Osprey Point Golf
Course, one of the area's finest public courses. Enjoy lakes for
boating, trails for biking and running, the popular Canine Cove dog
park, and the Sunset Cove Amphitheater, which hosts a variety of
events and performances.
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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