Amazing home has a dramatic entrance with high volume ceilings( in
every room including the garage) & magnificent long lake views.
Large single story home in Costa Del Sol at Boca Pointe with over
1800 square feet of living space featuring 3 spacious bedrooms each
with walk in closets (master suite has 2 walk in closets), 2 baths,
a 2 car garage, a screened-in covered patio and on the lake.
Featuring French doors, crown molding throughout and an open layout
with tons of recessed lighting. The updated kitchen features
granite countertops and glass tile backsplash, wood cabinetry, pull
out drawers, stainless appliances and has a sunny eat in area and a
snack bar. Tile flooring in the living areas. Gorgeous master
bathroom was recently redone! Tropical serene lake views!
Enjoy spectacular sunrise views every morning with the east facing
backyard. Oversized screened in and covered and patio. Electric
hurricane shutters. Home is meticulously clean and well maintained.
S-Tile roof from 2023. The lake water provides for lawn
sprinklers and low water bills. Costa Del Sol at Boca Pointe
is a 24 hour man gated beautiful enclave. Community features a
gorgeous community pool & includes: landscaping services, cable,
complete periodic exterior painting of homes every 5 years, next
painting is for 2027, a private 24-hour manned and gated security
entrance and more. Pet friendly community. All ages. Amazing
schools include Verde Elementary, Boca Raton Community Middle and
Boca Raton Community High School! If you want to join the club (NOT
mandatory), The Club features an 18-hole golf course, upscale
dining facilities, complete athletic and recreational facilities &
more. Short distance to houses of worship. Some furniture is
negotiable.
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.
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