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21317 Chinaberry Drive
About This Property
This 3-bedroom, 2-bathroom lakeside pool home is being offered for the first time in over 30 years. Perfectly positioned in one of Palm Beach County's top-rated school districts, the home is just minutes from the world-renowned Town Center Mall, and offers easy access to both I-95 and the Florida Turnpike for convenient commuting.
Set on nearly a ¼-acre premier lot, this property boasts one of the best lake views in the community, which can be enjoyed year-round from your screen-enclosed pool and hot tub oasis. Additional highlights include a split floor plan that provides both privacy and functionality, a two-car garage with a spacious driveway, and tasteful landscaping that enhances curb appeal while creating a welcoming ambiance. This is a rare opportunity to own one of the most desirable homes in Timbers of Boca!
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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%.
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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Price Decreased |
$599,000
↓ $41K
(6.4%) | |
| Price Decreased | |||
| Sep 22, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Logan Realty Inc | $639,999 | |
| Listed by Logan Realty Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017