CENTURY VILLAGE--SUPER ACTIVE ADULT COMMUNITY--55+. CLOSEST
TO THE GATE, THE CLUBHOUSE, AND PLACES OF WORSHIP! The total
monthly HOA fees are $827.83 and include internet, basic cable, and
water. Located in a desirable area of Boca Raton, FL, this
meticulously renovated residence is 2035 Cornwall B. It
features a well-designed kitchen with granite countertops and an
attractive backsplash. The kitchen, fitted with top-of-the-line
appliances, including a microwave, also features under-cabinet
spotlights that give the space a charmingly radiant feel. Further
enhancing the kitchen amenity is a custom-made pantry that
seamlessly complements the stylish laminated flooring, which
extends throughout the residence for a uniform appearance.
Prioritizing relaxation and convenience, the master bedroom
features a walk-in closet and direct patio access. A secondary
bedroom offers unobstructed lake views, adding an extra touch of
tranquility to the home's ambiance. The updated full bathroom
includes a high toilet seat and a unique step-down shower,
underscoring thoughtful design. An updated half bath
accompanies this secondary bedroom, balancing functionality with
simple elegance. Offering an exceptional lake view, this
second-floor unit is designed for a comfortable lifestyle that
embraces both indoor and outdoor living. The patio, equipped
with storm shutters, provides ample seating, dining, and
entertaining space whilst offering unhindered views of the alluring
lake. An additional storage room adds convenience and efficiency.
The condominium sits within the cherished bounds of the
Century Village Active Adult Community, making it all the more
appealing. Known as a 'desirable building', it is a mere 10-minute
walk from places of worship, making it highly accessible. Community
members can enjoy the amenities on the premises, including a
shuttle bus service, a well-equipped fitness center, an appealing
performance theater, a dozen tennis, shuffleboard, and pickleball
courts, and bocce ball fields. The property is also ready to rent
from day one, making it an attractive option for prospective
homeowners. Make this your new home and enjoy all the upscale
amenities that this community offers. AC--2024 HWH--2016 PARKING
SPACE #30 TOTAL MONTHLY HOA $827.83
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%.
How much can I actually make?
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.
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