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1133 NE 3rd Avenue
About This Property
A beautifully appointed first-floor suite offers delightful versatility - a serene haven for cherished guests or a refined home office where inspiration flows. Ascend to the upper level and discover a sun-drenched loft, a stylish second living space that seamlessly connects to three generously sized ensuite bedrooms, each a junior suite promising unparalleled comfort and privacy.
Prepare to be captivated by the luminous primary suite, a true sanctuary of indulgence. Here, discover the ultimate luxury: dual, completely independent spa-inspired bathrooms and showers, ensuring a sublime sense of personal space. And for your prized possessions? A spacious two-and-a-half-car garage awaits, ready to house your stylish Moke, nimble golf cart, or simply provide extra storage for your refined lifestyle. All this, just moments from the iconic Boca Raton resort, pristine sandy shores, and the endless delights this coveted locale has to offer. Prepare to embrace a life of luxurious ease and playful sophistication!
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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 Villas Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017