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17591 Cadena Drive
About This Property
For added flexibility, the home includes a versatile club room, a cozy den, and an upstairs office/media roomideal for both work and play. Designed with multi-generational living in mind, the full in-law apartment boasts a private entrance, a kitchenette, and a bedroom, providing an ideal space for extended family or guests. Outside, the stunning heated pool overlooks a turf yard and serene lake views, offering the perfect setting for outdoor relaxation or entertaining.
Additional highlights of this magnificent residence include a 3-car garage, elevator, a full-home generator, a whole-house RainSoft water-filtration system including softening system for the clothes washer. The home also features an A/V system with built-in speakers, enhancing the modern living experience and motorized shades in many of the rooms. Rich porcelain and wood floors, custom cabinetry, and exquisite finishes throughout add warmth and sophistication.
The Oaks community is a true stand-out in Boca Raton with an excess of both active and social amenities. The community is gated with 24-hour security and neighborhood surveillance. The award-winning tennis facility features twelve meticulously maintained tennis courts (ten Har-tru, one red-clay, and one deco-turf), a pro shop, and a USPTA certified staff. The newly renovated 15,000 sq. ft. Clubhouse includes an expansive Fitness Center with Pilates studio, spin-studio, and aerobics room. There is also a restaurant, resort-style pool, billiards, basketball court, and kids' areas with game-room. The full-service spa is the cherry on top.
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Price Decreased |
$3,600,000
↓ $350K
(8.9%) | |
| Price Decreased | |||
| Mar 7, 2025 | Price Decreased |
$3,950,000
↓ $400K
(9.2%) | |
| Price Decreased | |||
| Jan 27, 2025 | Listed by Douglas Elliman | $4,350,000 | |
| Listed by Douglas Elliman | |||
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About Oaks at Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017