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19878 Meadowside Lane
About This Property
BERKELEY: An exclusive gated community of only 57 homes, an affordable HOA, virtually-manned gate, recreational and social amenities - fitness facility featuring custom strength and cardio equipment, multi-purpose sports court which doubles as a tennis court, two half basketball courts, shaded playground, party pavilion, pristine lakes and water features. Residents enjoy the convenience of living within walking distance to one of the top recreational destinations in Boca Raton: Burt Aaronson South County Regional Park! Offering a host of amenities, including: Award winning 27 hole Osprey Point Golf Course, large fresh water lake with boat ramp, canoeing and kayaking, water park with a lazy river and multiple waterslides, tennis learning center with over a dozen lighted tennis courts, lighted basketball courts, softball fields, multipurpose fields and volleyball courts, exercise stations, expansive dog park, waterfront amphitheater for community events and concerts, picnic areas with grills and covered pavilions, nature center with an observation tower and boardwalk trails, and Coconut Cove Waterpark.
LOCATION: Tucked away in a quiet West Boca location with everyday conveniences nearby, as well as top-rated elementary and middle schools within walking distance and minutes from the local high school. Boca Raton is known for exclusive shopping and entertainment venues. The city also boasts top rated restaurants, shopping, dynamic nightlife, vibrant downtown, and pristine tropical beaches.
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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.
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by Compass Florida LLC | $2,895,000 | |
| Listed by Compass Florida LLC | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017