264 NW 47th Place
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2023 | No longer available | - | |
| No longer available | |||
| Jun 29, 2023 | Listed by LoKation Real Estate | $779,000 | |
| Listed by LoKation Real Estate | |||
| | |||
|
Welcome to 264 NW 47th Place, a stunning 5-bedroom, 3-bathroom home in East Boca Raton. This recently updated home boasts a modern kitchen with wood cabinets, granite countertops, and stainless-steel appliances. The three fully renovated bathrooms feature high-end finishes. Step outside to the backyard oasis and enjoy a heated pool with a baby gate and full screen enclosure, perfect for Florida living. The landscaped yard provides privacy and serenity. Located close to the beach, houses of worship, and top-rated schools, this home is perfect for families. The two-car garage and large circular driveway provide ample parking space. Don't miss this opportunity to own a magnificent property in one of Boca Raton's most desirable neighborhoods. The manager has listed the unit size as 2620 square feet.
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| Jun 26, 2023 | No longer available | - | |
| No longer available | |||
| May 20, 2023 | Price Decreased |
$779,900
↓ $95K
(10.9%) | |
| Price Decreased | |||
| May 19, 2023 | Price Decreased |
$875,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
Property Highlights
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About Boca Raton Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017