11258 Clover Leaf Circle
About This Property
* "S" tile roof - 2008
* Water Heater - 2022
* AC approximately 3.5 years old. Ductwork replaced 2021.
* Pool surface - diamond brite - approximately 2 years old.
* Washer and Dryer - approximately 2 years old
* Accordion Shutters on all openings except for front door which is a new impact door (2017).
* Pet friendly community. Maximum 2 dogs permitted - no size restriction.
* All ages welcome.
* OK to lease immediately after purchase - minimum 6 months, one time per year.
* Since this home does not currently have a club membership, the new owner has the option of only purchasing a social membership. Full golf membership is available.
* Homeowner Association Fee is $1160/quarter and includes: Hotwire with 800 channels, internet with a router and 2 HD DVR boxes, common area landscaping/maintenance + alarm monitoring.
* Community/Club amenities include an elegant clubhouse, ballroom, 2 championship golf courses, spa, fitness center, cafe, 5 Star restaurant, bar & lounge, 7 championship Har-Tru/clay tennis courts, 2 pickleball courts, bocce court, card rooms & social clubs.
* Neighborhood is comprised of 600+ custom built homes and patio homes on over 600 beautifully landscaped and manicured acres.
* Boca Woods is conveniently located near shopping, restaurants, movie theaters, parks (dog park, water park, kids park etc) and the Florida Turnpike.
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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.
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About Boca Woods Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017