50
Map
$1,029,900
●
House -
Off Market
21255 Falls Ridge Way
Boca Raton, FL 33428
5 Beds
3 Baths,
1
Half Bath
3,280 Ft²
$6,576
Est. Monthly
$472
HOA / Fees
About This Property
Welcome to this desirable triple-split, one story pool home in The
Estates at Boca Falls! This well-designed property features a large
open kitchen with an island that seamlessly flows into the family
room, offering stunning views of the newly renovated pool. The
extended primary suite provides ample space for desk or fitness
area & boasts two spacious walk-in closets; the primary bathroom
features dual vanities, spa tub and separate shower. Situated on an
interior lot, the home offers a covered patio, fenced pool and
private backyard- perfect for entertaining or relaxing. Boca Falls
is a highly sought-after NON-EQUITY community, featuring two manned
security gates, tennis courts with league play and pickleball
coming soon, a heated resort-style pool, outdoor basketball courts
& playgroun Located near top-rated schools and offering
neighborhood access to Water's Edge Elementary, this home is an
excellent choice for families seeking both convenience and a
vibrant community!
Unit Size
3,280 Ft²
Days on Market
66 days
Land Size
-
Price per sqft
$335
Property Type
House
Property Taxes
$707
HOA Dues
$472
Year Built
1999
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Beaches MLS #R11045949)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Listed by Compass Florida LLC | $1,099,000 | |
| Listed by Compass Florida LLC | |||
| | |||
|
Welcome to this desirable triple-split, one story pool home in The Estates at Boca Falls! This well-designed property features a large open kitchen with an island that seamlessly flows into the family room, offering stunning views of the newly renovated pool. The extended primary suite provides ample space for desk or fitness area & boasts two spacious walk-in closets; the primary bathroom features dual vanities, spa tub and separate shower. Situated on an interior lot, the home offers a covered patio, fenced pool and private backyard- perfect for entertaining or relaxing. Boca Falls is a highly sought-after NON-EQUITY community, featuring two manned security gates, tennis courts with league play and pickleball coming soon, a heated resort-style pool, outdoor basketball courts & playgroun
| |||
| Dec 17, 1999 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Boca Falls
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Listed by: Pamela J Thomes
Compass Florida LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R11045949
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Compass Florida LLC
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R11045949
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017