A distinctive waterfront residence in Valencia Lakes, showcasing
exceptional architectural detail, dramatic volume ceilings and an
elegant indoor-outdoor design. This 3-bedroom + den, 2.5-bath home
features two-story ceilings throughout, graceful arched doorways,
custom coffered ceilings in the living room and a tray ceiling in
the primary suite. The thoughtfully designed floor plan offers both
formal and casual dining areas, while inlaid marble tile details
add a refined touch throughout the home. Expansive screened outdoor
living spans two stories, creating a spectacular setting
overlooking the water and a beautiful water feature. The
paver driveway and patio complement the home's sophisticated
exterior and provide an inviting space for entertaining or
relaxing. Additional features include a 2-car garage and carefully
considered architectural details throughout. Every space reflects
an emphasis on quality, proportion and design. Located within
Valencia Lakes, a gated 55+ active-adult community in Boynton
Beach, residents enjoy an extensive lifestyle program centered
around the Excelsior Clubhouse. Amenities include resort-style and
lap pools, fitness facilities, tennis and pickleball courts, social
and activity rooms, billiards, arts and crafts, a fishing pier and
the Lakeview Cafe. The community also offers a full calendar of
clubs, activities and entertainment. Conveniently positioned in
west Boynton Beach, Valencia Lakes provides easy access to
shopping, dining, medical services, golf and major roads, with the
beaches and attractions of Palm Beach County within easy reach.
This home is a former builders model with extra features, trim work
details etc.
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.
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