47
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21958 Palm Grass Drive
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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%.
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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 |
|---|---|---|---|
| Jun 9, 2026 | Listed by Keller Williams Realty Boca Ra | $899,000 | |
| Listed by Keller Williams Realty Boca Ra | |||
| Oct 7, 2025 | Listed | $890,000 | |
| Listed | |||
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Welcome home to this light, bright, & spacious 5 bedroom plus office, 3.5 bath single family home in the highly desirable Waterways of Boca Winds. Situated on an oversized pie-shaped corner lot w/ sparkling lake views, this nearly 3000 sq. foot home is ideal for both everyday living and entertaining. The flexible layout features a full bedroom & office downstairs, w/ four additional bedrooms upstairs, including the primary suite. Updates include a 2019 roof, full hurricane protection, a brand new 2024 hot water heater, dual a/c units, and tile & laminate flooring throughout. This home sits on a nearly one third acre lot w/ tropical landscaping & a big backyard. Walking distance to the community pool & part of a premier West Boca Community with great amenities. Walk to A rated schools.
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| May 21, 2015 | Sold | ||
| Sold | |||
| Mar 11, 2015 | Listed by Keller Williams Realty Boca Ra | $420,000 | |
| Listed by Keller Williams Realty Boca Ra | |||
| Jan 30, 1995 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017