17815 Cadena Drive
About This Property
Located on one of the premier lake lots in The Oaks, this beautiful home features a master suite on the main floor as well as a master suite on the second floor. Library, state of the art chef's kitchen, and grand staircase are some of the fine interior features. Beautiful lakeside loggia, heated pool & spa and summer kitchen are the definition of the Florida lifestyle. Newly painted, impact windows and Jerusalem marble floors, the residence has been meticulously maintained. Amenities include tennis, restaurant, fitness, and NO Equity.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2020 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Listed by Coldwell Banker | $1,395,000 | |
| Listed by Coldwell Banker | |||
| Jul 30, 2017 | Listed | $1,690,000 | |
| Listed | |||
| | |||
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GLORIOUS 7 BEDROOM 6.2 BATHROOM ESTATE HOME with LOFT and DOUBLE MASTER shows BETTER THAN A MODEL. Meticulously maintained & freshly painted with impact windows and BEAUTIFUL Jerusalem marble floors. INCREDIBLE Backyard with resort style heated pool and summer kitchen and STUNNING LAKE VIEWS. Chef's kitchen with natural gas, WOLF STOVE, Double Wall Oven, and SUBZERO refrigerator. The BEST LAKE VIEW IN THE OAKS! This house is a PERFECT 10! The OAKS is the PREMIER community in the area; TENNIS, CLUBHOUSE, SPA, RESTAURANTS and NO EQUITY.The manager has listed the unit size as 5925 square feet.
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| Sep 2, 2008 | Sold | ||
| Sold | |||
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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