11088 Rios Road
About This Property
Updated: A/C-2017, Roof-2009, Electrical Panel-2018. Wonderful Light & Bright CORNER VILLA on Interior Cul-de-sac Lot. Open Floor Plan offers Lovely Kitchen with Cafe Area, Living/Dining Rooms, Master Bedroom Suite, 2nd Bedroom & bath, Family room, plus screened patio. Separate laundry room. Neutral tile floors. Double door front entry. Alarm. Shows beautifully! Furniture neg.
Gated Community w/active clubhouse, pool, tennis, fitness room. Association says 55 community. No pets. Lovely West Boca area. Convenient to The Reserve Plaza, Delray Marketplace, shopping, dining, & major thoroughfares.
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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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Price Decreased |
$418,500
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Jun 17, 2025 | Listed by Charles Rutenberg Realty FTL | $438,500 | |
| Listed by Charles Rutenberg Realty FTL | |||
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This beautifully renovated villa offers the home you deserve—the perfect place for your retirement and best years. It features a modern kitchen with granite countertops, stainless steel appliances, and ample storage, ideal for daily living and entertaining. With 2 bedrooms and 2 bathrooms, the villa has high ceilings throughout, including a master suite with dual closets and a renovated bathroom with double sinks and separate shower. Enjoy a cozy family room, bright Florida room, utility room, and private 1-car garage. Located in a secure, gated 55+ community with resort-style amenities like a pool, clubhouse, tennis courts, fitness center, and walking paths. Just minutes from shopping, dining, and entertainment, this villa offers peace, comfort, and the perfect lifestyle. Please note: Information herein is deemed reliable but not guaranteed and subject to error, omissions, or changes without notice.
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| Dec 26, 2018 | Sold | ||
| Sold | |||
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About Boca Chase
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Realty Home Advisors Inc
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10472247
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