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22200 Larkspur Trail
About This Property
Rarely available single family home in Montoya Circle. 3 Bedrooms, 2 ½ baths, Pool, screened in covered patio in a fabulous location in Thornhill Green. Features include: *custom eat-in kitchen with granite counters, abundant wood cabinetry, stainless appliances, new double ovens, warming drawer, two sinks, New LG built-in microwave* Family room open to kitchen with custom built-in wall unit * Large screen enclosed covered patio for al-fresco dining and entertaining * Beautiful swimming pool with paver patio * Roof replaced 2006 * A/C and water heater replaced in 2008 * Newer impact garage door *Patio french door windows are impact * All other windows have hurricane shutters * Additional open patio off of eat-in kitchen * (See additional info) Large master bedroom with walk-in closet * All closets have been custom fitted *
Thornhill Green is in an excellent Montoya Circle location, a close walk to worship, near parks, shops, and restaurants. Best Boca schools including Del Prado, Omni, and Spanish River.
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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 Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017