18561 Ocean Mist Drive
About This Property
This is one of the rare Eatons to have an extra full bath acting as a cabana bath. Situated off the master bedroom, this bath can also serve a a night time bath since it's so close to the left side of a queen or king sized bed. See Floor Plan in Documents.
One of the larger lots in The Shores with an inverted pie-shaped orientation. Enormous side yards and plenty of room between screen enclosure and the lake to for kids to play. See Survey & Floor Plan in Documents.
Owners have relocated and are looking for a quick sale.
The Shores HOA collects a capital contribution equal to one quarter 's maintenance fee ($818) at the time of closing.
**The Shores is a guard-gated community w/clubhouse, fitness center, heated pool & spa, steam rooms, basketball court, children's playroom and fantastic tot lot w/covered play area. Lots of tennis players in the Shores enjoy the four courts. The 860 acre Burt Aronson South County Regional Park is across from entrance to the community and has golf course, amphitheater, nature center, water park, lighted athletic fields, boat launch, dog parks and countless trails to walk and bike.. Walk to A-RATED Sunrise Park Elementary & Eagles Landing Middle Schools. Special academies at Olympic Heights High School.
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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.
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About Shores at Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017