21992 Altona Drive
About This Property
Master Suite has high ceilings, walk-in closet, pretty view out back, + spacious bathroom with double sinks/vanity, soaking tub and separate shower. Expanded screened porch overlooks the lake. Accordion shutters on most openings. Panels on the remainder. New AC 2019. New ''S'' tile roof 2011. Water heater 2007. Sprinklers from lake. 2 community pools, tennis, playground, clubhouse room, basketball, security patrol all included in the very low ($344/qtr) HOA fee. ''A'' rated schools, parks and shopping are only moments away! ANSWERS TO FREQUENTLY ASKED QUESTIONS + Things You Should Know:
* No rentals until after 1 year of ownership
* Association approval is NOT required for purchase.
* Pet friendly - no size or # restrictions.
* There are two associations: Master - Bay Winds. Secondary - Boca Winds. Fee totals $344/quarter.
* "A" rated schools: Waters Edge Elementary, Loggers Run Middle & W. Boca High. All within walking/biking distance if desired.
* Neighborhood shopping, services & eating include: Publix, Walgreens, Dry Cleaners, Subway, Wendy's, Dunkin' Donuts, Packy's Bar & Grill, Hair Salon, Nail Salon & Sherwin Williams just to name a few.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 18, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Keller Williams Realty Boca Raton | $700,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
| Jul 27, 2021 | Sold | ||
| Sold | |||
| Jun 21, 2021 | Listed by Keller Williams Realty Boca Raton | $495,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
| Jul 9, 1998 | Sold | ||
| Sold | |||
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About Boca Winds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017