21846 Palm Grass Drive
About This Property
The versatile layout includes a dedicated home office (5th bedroom) perfect for remote work or studying, or separate media room for movie nights. Step outside into your own private paradise. The expansive backyard features a sparkling swimming pool. Whether you're lounging poolside, hosting a barbecue, or enjoying the Florida sunshine, this outdoor space is perfect for year-round entertainment and relaxation.
Located in the heart of West Boca Raton, this home with a low HOA is just minutes from top-rated schools (Waters Edge, Loggers' Run, and West Boca Raton High School) world-class shopping and dining. South county park with 27 hole golf course amphitheater, water park, nature center, tennis courts, racquetball courts, doggy park, Jet ski launch. All in proximity to some of the most beautiful beaches.
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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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | Listed by Keller Williams Realty Boca Raton | $829,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
| Sep 10, 2023 | No longer available | - | |
| No longer available | |||
| Sep 9, 2023 | Price Decreased |
$817,000
↓ $2K
(0.2%) | |
| Price Decreased | |||
| Aug 14, 2023 | Listed by Realty Professionals of Boca Raton, LLC | $819,000 | |
| Listed by Realty Professionals of Boca Raton, LLC | |||
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Welcome to 21846 Palm Grass Drive, 5 bed 2.5 bath, 2 car garage, waterfront pool home. Nestled in the highly sought-after community of Boca Winds. Step inside and be greeted by the grand foyer, adorned with soaring ceilings and an abundance of natural light. The open-concept layout seamlessly connects the various living spaces, creating an inviting and harmonious atmosphere for both relaxation and entertainment. Beautiful white kitchen with large island and stainless steel appliances. Enjoy your coffee, watching the sunrise over the pool and lake views. The large family room right of the kitchen offers a perfect setting for gathering with loved ones or unwinding after a long day. The master suite is an oasis of The manager has listed the unit size as 2817 square feet.
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About Boca Winds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017