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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.
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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 |
|---|---|---|---|
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2023 | Listed by Home Hunters Real Estate | $1,200,000 | |
| Listed by Home Hunters Real Estate | |||
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Dec 31, 2020 | Listed by Keller Williams Realty Services | $675,000 | |
| Listed by Keller Williams Realty Services | |||
| | |||
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WOW! 5BR/3.5BA home in the family-friendly community of The Shores. Enter & be greeted by the soaring ceilings of the living room, open concept white/granite/stainless kitchen w/family room & bedroom/cabana bath. Den, powder room & laundry round out the 1st floor. Upstairs find ensuite master w/his/her oversized walk in closets, 2 bedrooms, a 3rd bedroom/sitting room, bathroom & oversized loft. New roof, 2020. Large patio with inground pool & screened area for late afternoon tea or early evening BBQ. The Shores borders a nature preserve & sits across from S. County Park-an easy walk. Within its 24-hour guarded gates, find such amenities as an 8,000 sq ft clubhouse, fitness center, tennis, community pool, playground, kids club & basketball. Don't miss the opportunity to check this one out!
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| Mar 21, 2014 | Sold | ||
| Sold | |||
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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