12199 Rockledge Circle
About This Property
The 4th full bath is just off of the family room & also serves as the cabana bath. The first floor also has the private master bedroom with trayed ceilings, 2 closets and a roomy master bath with dual sinks, the separate shower & roman tub, water closet & linen closet. Also on the 1st floor is the 5th bedroom which would be ideal as an office or nursery.
The other 3 bedrooms and 2 full bathrooms are upstairs.
Additionally, the majority of windows & doors are protected with hurricane shutters. Both air conditioning systems were replaced in 2015; the washer in 2015;the dryer in 2019;hot water heater in 2016. The pool heater & pump were replaced 6 yrs. ago. The 3car garage floor was just painted!
All of this in Boca Falls with amenities galore- clubhouse, pool, hot tub, basketball court, tennis courts, fitness rooms, community & entertaining areas,etc.
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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 |
|---|---|---|---|
| Feb 21, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | Listed by Berkshire Hathaway Florida Realty | $899,900 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Sep 18, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by Berkshire Hathaway Florida Realty | $600,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| May 23, 2019 | No longer available | - | |
| No longer available | |||
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About Boca Falls
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017