21311 Falls Ridge Way
About This Property
Home is located in the beautiful west boca community of Boca Falls in the Estates section and features A-rated schools. Boca falls has a completely renovated community clubhouse, pool, playground that is also being redone and modernized, full-court basketball court, and 6 tennis courts. Don't miss out on the opportunity to make this house your dream home! A once in a lifetime opportunity awaits!
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2020 | Sold | ||
| Sold | |||
| Oct 18, 2019 | No longer available | - | |
| No longer available | |||
| Sep 16, 2019 | Listed by FLORIDAS BEST REALTY SERVICES LLC | $799,900 | |
| Listed by FLORIDAS BEST REALTY SERVICES LLC | |||
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For the first time in over 20 years a NEW HOME is being built in Boca Falls Estates section! Constructed and managed by one of South Florida's most respected remodeling teams, this massive open floor plan will feature a ONE LEVEL, 5 bedroom + office, 4 bath, 3 car attached garage with resort style pool and spa! Premium modern finishes throughout including authenitc wide plank white oak wood flooring, real wood white shaker cabinetry, mitered edge quartz countertops, Grohe modern chrome faucets & trim, LED lighting+ many smart home technology features, Everything except the foundation and four walls is going to be brand new including the roof, full electrical system & wiring, A/C's, ducts, drywall, water heaters, panels, open floorpan design, bathrooms, plumbing, luxury modern finishes! The manager has listed the unit size as 4400 square feet.
| |||
| Sep 6, 2019 | Listed by Compass Florida LLC | $849,900 | |
| Listed by Compass Florida LLC | |||
| Aug 26, 2019 | Sold | ||
| Sold | |||
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About Boca Falls
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017