22602 Esplanada 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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | Listed by Coldwell Banker | $800,000 | |
| Listed by Coldwell Banker | |||
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Welcome to 22602 Esplanada Drive, a spacious, unique 3-bedroom, 2-bathroom home nestled in the heart of Boca Raton (1 bedr is currently a den). This updated property boasts a harmonious blend of European elegance & modern comfort, offering truly distinctive living in sought-after Boca Pointe.
Your home features a chef's dream European kitchen, equipped with high-end appliances, custom cabinetry, and exquisite countertops, ideal for culinary adventures & lots of storage! Dance into your spacious, open concept living area bathed in natural light, creating a warm & inviting atmosphere for relaxation and entertainment.
Your luxurious master suite boasts an en-suite bathroom, and dual closets! Additionally, two ample bedrooms offer versatile space for family, guests, or a home office. Step outside to your personal oasis featuring a beautifully maintained private pool, perfect for lounging and enjoying the Florida sunshine - as well as a spill-over for those zen moments.
The property is surrounded by lush, landscaped gardens, enhancing the charm and privacy of this delightful home. A spacious patio area offers an ideal setting for al fresco dining and entertaining.
Seize this rare opportunity to own a home in Boca Pointe, with an optional county club, at a stellar price, offering great value and limitless potential! Schedule a showing today.
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| Oct 6, 2018 | No longer available | - | |
| No longer available | |||
| Sep 17, 2018 | Listed | $475,000 | |
| Listed | |||
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ABSOLUTE BARGIN! UNBELIEVABLY PRICED LOW AND FIRM! PERFECT FOR YOUR PRE-APPROVED BUYER WHO WANTS A GREAT DEAL ON A SUPER HOME IN A GREAT AREA. FULLY UPDATED WITH A BEAUTIFUL EUROPEAN STYLE KITCHEN ALSO INCLUDES A VERY PRIVATE SECLUDED POOL AREA PERFECT FOR THOSE SUNNY FLORIDA DAYS. The manager has listed the unit size as 1993 square feet.
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| Aug 21, 2017 | Sold | ||
| Sold | |||
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About Boca Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017