22032 Palm Grass Drive
About This Property
BEAUTIFUL and spacious (over 2100sf), all on ONE level, 3 bedroom, 2 1/2 bath, 2 car garage home located right ON THE LAKE with stunning water views! Large beautiful updated kitchen with big granite bar area. Newer neutral laminate flooring throughout. Large primary bedroom with walk-in closets, sitting area with patio access. The large covered and screened in patio is fully tiled with lovely water views. Perfect to enjoy outdoor living with great views of the water. Designed to be made in to an extra room. Just steps to the pool! Walk or bike to 3 excellent ''A'' rated schools, tennis courts, play grounds, basketball court, the Boca Winds Town Hall and more. Low HOA.
AC-2021, hot water heater-2020.
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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.
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About Boca Winds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017