22338 Siesta Key Drive
About This Property
Exterior Improvements:
- Brand new barrel tile roof completed September 2021 with 90lb underlayment upgrade.
- Multi-color clay brick paver driveway w/wrap around side walkways.
- Heated pool and hot tub w/remote control and color changing light.
- Expanded 12x12x1" travertine patio and tumble marble marble pool remodel.
- River Rok natural pebble pool finish.
- Large outdoor rear patio awning and enclosed covered screen room.
- Cabana bathroom with travertine marble.
- Aluminum hurricane shutters all windows and doors.
- Automatic outdoor insect misting system w/remote control.
- Custom faux painted exterior garage doors w/security keypad.
- Custom design landscape.
- Dual AC systems.
Interior Improvements:
- 24" travertine marble tile throughout 1st floor.
- Mahogany wood flooring throughout 2nd floor and bedrooms.
- California Closets systems in all bedrooms and kitchen pantry.
- Central vacuum system.
- Built-in bar cabinetry w/Onyx countertop.
- Custom solid wood interior doors throughout.
- Oversize designer crown molding entire home w/8" baseboards throughout.
- Custom marble window sills throughout.
- Hunter Douglas Silhouettes window shading w/lifetime warranty 1st floor.
- Custom design window treatments and cornices.
- Upgraded lighting fixtures, designer chandeliers and ceiling fans.
- Home office wood shutters.
- Formal living room interior decoration and wall sconces.
- Remodeled stacked stone and wood staircase.
Bathrooms Improvements:
- All bathrooms remodeled including travertine and marble showers, custom cabinetry and granite countertops.
- Upgraded jet bathtubs.
- Frameless glass shower doors downstairs.
Security Improvements:
- ADT security system w/integrated glass breakage sensors.
- Tinted slider doors and upstairs bedrooms.
Custom Kitchen Improvements:
- Professionally remodeled and decorated
- Granite countertops and stacked marble backsplash.
- Themador double oven w/convection and warming draw.
- Thermador induction cooktop with overflow sensors.
- Integrated Pot filler.
- Built-in island microwave oven and mini-beverage refrigerator.
- Custom copper sinks including island vegetable sink, disposal and touch sensor faucet.
- California Closets kitchen pantry.
- Custom built-in menus desk cabinetry, stacked stone and granite countertop.
Custom Laundry Room Improvements:
- Granite countertops
- Stainless steel sink
- Glass/stone tile backsplash
- Upgraded washer and dryer
Boca Winds is located in one of Boca Raton's most sought after school zones: Water's Edge Elementary, Logger's Run Middle, and West Boca High School. Included in the very low HOA dues of $111/mo is access to two community pools, playgrounds, basketball courts, and so much more! South County Regional Park is less than 2 miles away and is packed with amenities! Premium golf course, dog park, water park, amphitheater, nature center, playgrounds, picnic areas, sports fields, boat ramps, kayaking, bike paths, etc. LINK TO THE WHOLE LIST: (http://discover.pbcgov.org/parks/Locations/Burt-Aaronson.aspx).
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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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$8,500 /mo
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$3,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017