18145 Long Lake Drive
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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.
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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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by Keller Williams Realty Boca Raton | $6,950,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
| Apr 21, 2023 | No longer available | - | |
| No longer available | |||
| Mar 23, 2023 | Listed by Realty professionals of Boynton Beach, LLC | $8,000,000 | |
| Listed by Realty professionals of Boynton Beach, LLC | |||
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Half of this home is new construction about 4 years ago that was never lived in! Indulge in the lap of luxury with this one-of-a-kind Mediterranean mansion, an oasis of comfort and privacy that's sure to take your breath away. Boasting a massive 12,000 sq ft, this 9-bed, 11.3-bath marvel is the epitome of lavish living. Nestled within Long Lake Estate's lush greenery, this spacious gem comes with a staggering 1.35-acre plot of land - one of the largest in the area! From the impressive impact glass to the 4-car garage and marble baths, this home is a true testament to exquisite taste and attention to detail. Enjoy movie nights in your own private theater room, or take a stroll through the expansive grounds. Your dreams of opulence and tranquility await in Boca Raton's finest estate. The manager has listed the unit size as 11889 square feet.
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About Long Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017