2909 Spanish River Road
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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.
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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 21, 2023 | Sold | ||
| Sold | |||
| Aug 4, 2022 | Listed by Sanctuary Realty LLC | $17,750,000 | |
| Listed by Sanctuary Realty LLC | |||
| Jun 30, 2022 | No longer available | - | |
| No longer available | |||
| Jan 14, 2022 | Price Increased |
$15,950,000
↑ $1M
(6.7%) | |
| Price Increased | |||
| Oct 22, 2021 | Listed by Premier Estate Properties Inc | $14,950,000 | |
| Listed by Premier Estate Properties Inc | |||
| | |||
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Introducing a new Museum Modern Intracoastal masterpiece by JH Norman Construction Company Inc and Brenner Architecture Group LLC with two-stories, five bedrooms, six full baths and two half baths. Affording maximum privacy, a gated and walled expansive motor plaza leads to the dramatic entry with floating staircase. The great room with soaring ceilings, features a dining room and walls of glass to the Intracoastal Waterway. Adjacent is a Club Room with professional bar and cabana for entertaining. Also featured is a VIP Suite and home office. A Sleek gourmet kitchen opens to a breakfast room and family room beyond. Luxe primary suite boasts a sitting room, dual spa-like baths, boutique closets, and front row wraparound balcony. The manager has listed the unit size as 7250 square feet.
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About Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017