11202 Sea Grass Circle
About This Property
2021 New tile roof, new impact windows and doors. AC, Billiards room/ Florida
room enclosed, completely renovated, custom kitchen, floors, baths.
2023 Heated, saltwater pool with sun shelf just refinished and new deck and enclosure
Custom details include
12 ft. ceilings through central part of house; 9 ft. ceilings in bedrooms
Custom billiards room or 4 seasons room
Quartz countertops, stainless steel appliances, marble backsplash, 3 pantries, soft pull drawers
Central vacuum
Remote blinds in great room
Custom blinds throughout
Workshop in single garage bay
Porcelain tile throughout
Separate customized laundry room
Recessed lighting throughout
Tray ceilings & crown molding
Closets built out
Garage built in workshop
ADT Alarm System
2 Zone AC- 1 AC installed 2021
2 new remote-controlled deck awnings
Hot tub is not included, but is negotiable ($13,000)
Pool table is not included but is negotiable
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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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Listed by John P. O'Grady LLC | $1,275,000 | |
| Listed by John P. O'Grady LLC | |||
| Jan 21, 2021 | Sold | ||
| Sold | |||
| Nov 13, 2020 | Listed by John P. O'Grady LLC | $629,000 | |
| Listed by John P. O'Grady LLC | |||
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About Shores at Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017