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12757 Spikerush Circle
About This Property
The backyard is an entertainer's dream, designed for year-round Florida living. Enjoy a Pebbletec-refinished heated saltwater pool (2025) with Jandy variable drive pump and iAqualink automation, a travertine pool deck, hurricane-rated screen enclosure with LED lighting, and a covered patio with cedar ceiling & outdoor TV wall, summer kitchen and fans. Click for info Additional highlights include a newer roof (2017) with gutters, full impact windows & doors, whole-home foam insulation, new electric panel (2024) with generator hookup, landscape lighting (2024), new Electrolux washer/dryer (2023), HVAC (2022), hurricane-rated pool enclosure (2022), and hurricane-rated insulated garage doors. The garage features a Wi-Fi mini-split A/C, epoxy floors, and new Wi-Fi garage door opener (2025).
This home has been meticulously maintained with a long list of recent updates, offering peace of mind and modern comfort in one of Boca Raton's most sought-after communities.
Walking/biking distance to desirable Waters Edge Elementary, Loggers Run Middle and West Boca High. Also close to South County Park with Osprey Point Golf Course, dog parks, water park, amphitheater, tennis courts, ski lake and more!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017