34
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116 NW 3rd Court
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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%.
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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 |
|---|---|---|---|
| Sep 19, 2026 | Listed by EXP Realty LLC | $3,499,000 | |
| Listed by EXP Realty LLC | |||
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Price Decreased |
$825,000
↓ $24K
(2.8%) | |
| Price Decreased | |||
| Apr 21, 2025 | Listed by Mastropieri Group LLC | $849,000 | |
| Listed by Mastropieri Group LLC | |||
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UNPRECEDENTED INVESTMENT OPPORTUNITY IN THIS HIDDEN GEM: ADJACENT TO VISIONARY CITY HALL REDEVELOPMENT | Welcome to East Boca Raton, where this residence holds EXTRAORDINARY VALUE as it borders the transformative City Hall redevelopment project—the most ambitious and visionary urban renewal in Boca Raton's history. This strategic location offers an UNMATCHED PREMIUM compared to any other residence in the surrounding areas, positioning you at the BEST LOCATION to experience Boca's sustainable, pedestrian-focused future | OVERSIZED LOT | NEW 2023 ROOF | NEW 2025 ELECTRICAL PANEL | ALL NEW WINDOWS & DOORS +$30k | NEW CIRCULAR PAVER DRIVEWAY +$22K | Freshly Painted Interior +$12k | AC 2020 | Tankless WH 2017 | Dbl Attic Insallation | Present All Offers! "The City Hall redevelopment represents Boca Raton's commitment to creating vibrant, walkable urban spaces... This project will become the new heart of our community." Scott Singer, Boca Raton Mayor. This visionary 1.3 MSF mixed-use plan will create a dynamic urban center. "Properties adjacent to the redevelopment zone are positioned for significant appreciation... Early investors stand to benefit substantially." South Florida Real Estate Quarterly. Owning this property secures a lifestyle at the forefront of Boca Raton's vibrant future, with significant investment potential as nearby values increase.
Step inside to a bright, open floor plan with natural light flowing through quality tile flooring and contemporary LED lighting. The heart of the home is the stunning eat-in kitchen featuring rich cherry-wood cabinetry, dark granite countertops, a spacious island with pendant lighting, and stainless steel appliances. Distinctive terracotta tile adds Mediterranean charm, and large windows fill the space. A pantry offers storage, and an adjacent dining room suits formal occasions. The spacious primary bedroom provides a tranquil retreat with a walk-in closet and a spa-inspired en-suite bathroom boasting a glass-enclosed steam shower, elegant beige marble/travertine tile, a modern backlit vanity mirror, and built-in storage. Embrace Florida living with multiple outdoor entertaining areas, including a screened patio, a covered patio, and a huge fenced backyard awaiting your personal touch.
This isn't just a home acquisition; it's a strategic investment in one of South Florida's most desirable and rapidly appreciating neighborhoods. By positioning yourself adjacent to the transformative City Hall redevelopment project, you're securing not just today's lifestyle but tomorrow's appreciating asset.
PRESENT ALL OFFERS!
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About Boca Raton Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017