Set in a desirable West Boca location, this updated 5BR, 3.5BA home
pairs a thoughtfully designed floor plan w/ inviting indoor-outdoor
living. At the heart of the home, the open kitchen has been
updated w/ stainless steel appliances, marble countertops &
backsplash, kitchen island overlooking the family room w/ views of
the pool & patio. The 1st-floor primary suite offers privacy
& convenience w/ hardwood flooring, while 4 add'l BRs & a spacious
loft are located upstairs. Hardwood floors continue into the loft,
creating a warm & versatile space ideal for a media room, office or
extra living area. Outdoors, a private backyard retreat
captures the essence of South Florida living w/ a saltwater pool,
newly replaced Diamond Brite finish & pool pump in 2026 & a freshly
painted pool deck. The home has been thoughtfully maintained with
significant improvements including a new roof in 2022, both air
conditioning systems replaced in 2023 and a new water heater in
2025. Boca Falls offers two manned gated entrances with a
third gate going to Waters Edge Elementary. Neighborhood
amenities include a clubhouse with kitchen, fitness center, heated
resort style pool and kiddie pool, playground, 6 tennis courts with
league play, pickleball courts, outdoor basketball courts and
picnic area. Ideally positioned near highly rated schools,
including Waters Edge Elementary, Loggers Run Middle School and
West Boca Raton High School, with South County Regional Park just
across Glades Road. Enjoy convenient access to Osprey Point
Golf Course, expansive recreational amenities, and nearby shopping
and dining at Uptown Boca.
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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