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1575 Boca Rio Drive
About This Property
Welcome to the highly sought-after, gated community of Grand Isle, where golf cart living, low-maintenance living, and an active lifestyle come together.
This beautifully updated 3-bedroom, 2-bath home with a 2-car garage offers peace of mind and modern comfort from the moment you arrive.
Major upgrades already done for you:
• Newer 2020 Roof
• Hurricane-rated garage door
• Accordion shutters
• Fully glass-enclosed porch
• Low HOA
Step inside to a spacious, open hallway that leads to kitchen and family room. New lighting and fans throughout the entire home create a fresh, cohesive feel.
The recently updated kitchen is a showstopper, featuring white shaker cabinetry, granite countertops, a convenient drawer microwave, and a 2025 state-of-the-art refrigerator.
Whether you are hosting friends or enjoying a quiet evening at home, this kitchen blends beauty and functionality seamlessly.
The family room flows effortlessly into the expansive glass-enclosed porch, creating an additional living space you'll use year-round. Imagine morning coffee, yoga sessions, or evening gatherings in this bright and serene retreat.
The large primary suite features is bright and airy with large windows overlooking the stunning enclosed porch. The spa-like primary bath features an oversize double vanity with new lighting, a soaking tub, and a generous walk-in closet.
Additional highlights include built-in garage storage and thoughtful updates throughout.
Grand Isle is known for its picturesque water features and vibrant community lifestyle. Residents enjoy:
" Resort-style pool
" Clubhouse with planned social events
" Pickleball courts
" Beautifully landscaped grounds
" Golf cart-friendly streets
This is more than a home -- it's a lifestyle in one of Viera's most desirable communities.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017