17594 Tiffany Trace Drive
About This Property
This spacious light-filled 2 bedroom with Loft/ 2.5 bath has an elegant private master suite on the main level with an generous walk in closet. Experience 20 ft plus soaring ceilings in the sun-filled, open living room featuring travertine marble flooring. European style kitchen with rich cabinetry, sleek granite perfect for entertaining family and friends. Through the sliding glass doors, step out onto your own retreat, private patio & fenced lawn to enjoy inviting sunrises and coastal breezes. Open breezy loft with private upstairs bedroom & bath. Huge 2 car garage with storage area.
Highly rated schools and close to everything that Boca and Del Rey beach have to offer!!! Water, cable, lawn care and outside house painting included in the HOA fees.
Tiffany Trace is a pet friendly community, located in walking distance to the club, swimming pool and fitness center in a 24/7 manned security gates community.
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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%.
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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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About Boca Golf and Tennis Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017