21032 Covington Drive #191
About This Property
***Upgraded up to Code Electrical Panel***
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2022 | Sold | ||
| Sold | |||
| Jun 18, 2022 | Listed by Keller Williams Coastal Partne | $250,000 | |
| Listed by Keller Williams Coastal Partne | |||
| |||
|
Boca Lakes is a gated 55+ community in West Boca Raton. It is centrally located near shops and restaurants. This charming 2 bedroom, 1 bath villa is spectacular. Perfect for enjoying the beautiful Florida weather in your private screened in patio. It is conveniently located right off the Turnpike. Besides the fantastic location, Boca Lakes offers residents several amenities, including weekly Tennis matches, Men's & Women's clubs, Pickle Ball, Bocce, Card nights, and much much more!
This unit has new water heater, an upgraded to code electrical, A/C is 1 year old, Marble floors in living area and wood Flooring in Master, plantation shutters throughout.
Come own your very own piece of paradise!
| |||
| Jan 31, 2022 | Sold | ||
| Sold | |||
| Nov 17, 2021 | Listed by London Foster Realty | $219,600 | |
| Listed by London Foster Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/18/2022
|
2 Bed
|
1 Bath
|
908 ft²
|
$250,000
2 Bed
1 Bath
908 ft²
|
$239,000
-4.40%
07/20/2022
|
Regla Mercedes Rosario PA
Century 21 Stein Posner
| |
|
11/17/2021
|
2 Bed
|
1 Bath
|
908 ft²
|
$219,600
2 Bed
1 Bath
908 ft²
|
$212,500
-3.23%
01/31/2022
|
Ada M Bosco
London Foster Realty
|
Building Info
About Boca Lakes Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017