3138 Chapel Hill Boulevard
About This Property
kitchen, three master suites, private pool, impact windows, and one car garage. Full cabana bathroom. Rare waterfront lot in Boynton's desirable Chapel Hill neighborhood with dock and access to Lake Ida.
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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 |
|---|---|---|---|
| Sep 7, 2019 | Sold | ||
| Sold | |||
| May 9, 2019 | Listed by The Corcoran Group | $599,000 | |
| Listed by The Corcoran Group | |||
| | |||
|
Spacious 3,286sqft under-air (3,688 TOTAL SQFT) in this renovated and upgraded, open concept family ready space on a 1/4 acre in the highly desirable Chapel Hill neighborhood of east Boynton Beach. Full hurricane impact window & door protection. Four Bedroom, five full baths (including pool/cabana bath), pool and waterfront on a very short canal to Lake Ida, Lake Eden and the rest of the 'Chain of Lakes' leading all the way to West Palm. New stainless steel kitchen, granite countertops and chef's island overlooks the living room with wonderful views of the pool and waterway. Massive upstairs master, his/hers closets and luxury bath. Bedroom two is almost of equal size with it's own exterior entrance, making the perfect In-Law suite. Finished attic/bonus room above garage. Addition completed in 2008 including new electrical, plumbing and roof. Washer/dryer are brand new. Stove has gas hookup, tankless water heater on gas and gas hookup for summer kitchen/BBQ. Tile and wood floors throughout. Circular paver driveway with boat storage pad on side. Fully fenced backyard. Chapel Hill is a quiet, family and pet friendly neighborhood close to the beach, Downtown Delray/Atlantic Ave, shopping and I95 access.
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| Jan 23, 2019 | No longer available | - | |
| No longer available | |||
| Jan 18, 2019 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jan 12, 2019 | No longer available | - | |
| No longer available | |||
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About Chapel Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017