Lakefront estate on a quiet cul-de-sac in The Oaks at Boca Raton, a
premier guard-gated community. 4 bedrooms, 4.5 baths, 3,670 sq ft
with long water views. Volume ceilings and walls of glass open the
great room to a covered patio and resort-style pool. Chef's kitchen
with island seating, custom built-in bar, dedicated office,
first-floor primary suite with spa bath and dual walk-ins, and
en-suite baths for every bedroom. Impact glass, 3-car garage,
full-house generator, water softener, new roof and fresh
interior/exterior paint. The Oaks offers a 24-hour manned gate,
clubhouse, resort pool, fitness center and spa, Har-Tru tennis and
pickleball, and cafe. Zoned for A-rated Sunrise Park, Eagles
Landing, and Olympic Heights. Minutes to Town Center, Mizner Park,
I-95, and the beach.
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.
Appliances: Cooktop, Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Water Softener Owned, Water Softener, Water Heater, Wine Refrigerator, Washer
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