3039 Cadiz Road
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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 |
|---|---|---|---|
| Mar 5, 2015 | Sold | ||
| Sold | |||
| Nov 12, 2014 | Listed by Coldwell Banker | $999,777 | |
| Listed by Coldwell Banker | |||
| | |||
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Do you want to live in a truly immaculate, superb quality, very comfortable, ''exceptional move-in condition'' home--just 3 blocks from the ocean? If so--then 3039 Cadiz is your perfect home! No expense was spared with completely renovating this lovely home! Gracing an oversized corner lot--with an abundance of lush landscaping--this beautiful home exudes peacefulness & privacy! Upon walking in the front door--you immediately feel ''Florida''! The polished Saturnia marble & real wood flooring throughout enables a clean & low maintenance lifestyle. This home features oversized hurricane impact windows & doors--including the garage door! Over $50,000 was invested in the solid wood doors & trim! A sophisticated security system, plantation shutters, and custom crown molding are throughout. The Master Suite has an office with lovely built-ins, a door to the side courtyard, an electric privacy shade, a large walk-in closet with custom cabinetry, and a gorgeous bathroom with a rain forest shower-head in the walk-in shower! The gleaming European kitchen has a tall pull-out spice rack & all customized pull-out drawers! The high-efficiency washer & dryer are hidden by custom made cabinets--topped with lovely silestone! Last year the owners installed 5 designated intergrated sound areas--compatible with the "Sono" stereo system-- so that music may be enjoyed throughout this home & the spacious outdoor living area! In 2013 a brand new pool heater & baby fence were installed. Last year the owners added a 7 persons hot tub that features LED synchronized lighting & is digitally controlled! The pool was also acid washed-- thus enhancing the beautiful blue bottom! A new pool light--that also changes colors as the hot tub lights do--was recently installed. There is a full cabana bath featuring a walk-in shower with pebble flooring! The large covered patio allows for lots of entertaining! There is a full-length kitchen pass-through, a wet bar, a U-Line Marine refrigerator, speakers, a TV, and ample dining & sitting areas! Grill many meals at the summer kitchen featuring a built-in infrared Solaire gas grill! Catch lots of rays while sunning on the south sun deck! The beautiful Bougainvillea trellis & potted plants stay blooming thanks to an automatic drip watering system! The yard is fully fenced--and there is a large side yard--just perfect for a dog run! During this past year--a brand new electric garage door opener, a brand new high efficiency washer, and a brand new pull-out kitchen faucet were installed. In September 2014 the AC system was refurbished--the coils were cleaned & a new blower was installed. Yes--3039 Cadiz is truly an exceptional place you will be very happy--and proud--to call your home! 3039 Cadiz is Florida living--at its finest!
| |||
| Jun 11, 2013 | Sold | ||
| Sold | |||
| Mar 14, 2013 | Listed by Campbell&Rosemurgy Real Estate | $975,000 | |
| Listed by Campbell&Rosemurgy Real Estate | |||
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About Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017