111 SE 11th 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 |
|---|---|---|---|
| Jul 21, 2023 | Sold | ||
| Sold | |||
| May 13, 2023 | Listed by Keller Williams Realty Boca Raton | $425,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
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We're excited to present this fantastic opportunity for both first-time homebuyers and investors alike. With low inventory at this price point, this property at 111 SE 11th Ave, Boynton Beach is a rare find.
This charming home boasts a spacious layout with plenty of natural light, making it perfect for families or those who love to entertain. The property has been well-maintained and features a large backyard, providing ample space for outdoor activities.
One of the standout features of this property is its proximity to the ocean. Living just a short distance from the beach means you can enjoy all the benefits of coastal living, including beautiful sunsets, fresh sea air, and a range of water-based activities.
For first-time homebuyers, this property offers an affordable entry point int into the Boynton Beach market. With NO HOA and a competitive price, this could be the perfect opportunity to secure your first home.
For investors, this property offers a great rental opportunity in a highly sought-after area. With a strong rental market and high demand for properties close to the beach, this could be a lucrative addition to your portfolio.
Overall, 111 SE 11th Ave in Boynton Beach represents a fantastic opportunity to secure a well-maintained property in a highly desirable location. Don't miss out on this chance to own a piece of paradise!
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| Mar 22, 2023 | No longer available | - | |
| No longer available | |||
| Feb 25, 2023 | Listed by RE/MAX Advantage Plus | $485,000 | |
| Listed by RE/MAX Advantage Plus | |||
| Sep 10, 2021 | Sold | ||
| Sold | |||
Property Highlights
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About Central Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017