1964 Bethel Boulevard
About This Property
Nestled on a quiet street, in the heart of Boca Raton in the highly sought after Paradise Palms Community lies a Beautiful 3 Bedroom 3 Full Bath Pool Home that is waiting to Welcome you Home. Hurricane Impact Windows and sliders. Updated Kitchen with Granite Counters, Black SS LG appliances, Island with bar seating, pantry. Retreat to your primary room with wood like flooring, large walk in closet with safe, spacious ensuite with dual vanities, soaking tub, large dual shower. 2nd bedroom has private ensuite, walk in closet and connecting door to Primary. Perfect for nursery, children, or live- in nanny quarters. Huge indoor Laundry room, Newer Washer & Dryer. Magnificent Private Backyard Oasis with new Travertine Patio and Sparkling Salt Water Heated Pool and Spa. Shallow play/sitting area and shelf seating in deep end. Beautiful Wooden Pergola perfect for Poolside BBQ's and Entertaining with family & friends. Fenced in Yard with Beautiful white PVC fencing. Large shed & bike shed. Boat/RV Parking on left within fenced in gate. Lush tropical landscaping, Paver driveway, 1 car garage, crown molding, tile & wood like flooring. Recessed and custom lighting. Zoned for Boca's Best Schools, all A Rated schools including the brand new State of the Art Blue Lake Elementary School. Prime Location in Boca. Walk to Town Center Mall, Sugar Sand Park and some of Boca's Best Restaurants: Roccos Tacos, Tap 42, Copperfish and New Sixty Vines. Minutes from FAU, Lynn University, I-95 and Boca's Pristine Beaches
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017