59
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11262 Barca Boulevard
About This Property
Valencia Lakes is the first of GL Homes' Valencia communities and provides the ambiance of a tropical garden paradise with 696 houses built around 15 lakes. The Excelsior Club has been completely renovated and modernized. It has something for everyone with card rooms, a well-equipped enlarged exercise room, stocked library and computer center, tournament size billiards parlor, arts and crafts room, and a social hall with a full stage. Coffee lounge. There is a separate lakeside cafe, lighted Har-tru tennis courts and pickleball courts. Enjoy the beautifully landscaped resort-style pool, separate lap pool, and warm bubbling Jacuzzi as you soak in the Florida sunshine. There is even a private beach area. With many fun social activities and an ever-changing array of entertainment throughout the year you will never be bored! Convenient access to shopping, dining & more!
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Oct 18, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Relisted | $599,500 | |
| Relisted | |||
| Jun 9, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Price Decreased |
$599,500
↓ $26K
(4.1%) | |
| Price Decreased | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017