10950 Handel Place
About This Property
Mission Bay offers over the top amenities that are second to none all for just $277/month! The low HOA dues include high-speed internet and cable, irrigation, patrolling security, and Mission Bay's resort style Clubhouse! The Club boasts an oversized saltwater pool, jacuzzi, sauna, state-of-the-art fitness center and studio (with professional classes included), locker rooms, party & game rooms, and a 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 fees.
Mission Bay is zoned for A+ rated public schools, including Sandpiper Shores Elementary, Logger's Run Middle, and West Boca High, all of which are located within 3 miles.
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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 15, 2023 | Sold | ||
| Sold | |||
| Oct 1, 2022 | No longer available | - | |
| No longer available | |||
| Sep 30, 2022 | Listed by Sutter & Nugent LLC | $819,900 | |
| Listed by Sutter & Nugent LLC | |||
| Aug 28, 2022 | Price Decreased |
$925,000
↓ $24K
(2.5%) | |
| Price Decreased | |||
| Aug 8, 2022 | Listed by Sutter & Nugent LLC | $949,000 | |
| Listed by Sutter & Nugent LLC | |||
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About Mission Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017