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3406 Leigh Rd
About This Property
The house itself is beautifully designed. The layout flows easily toward the backyard, where a resort-style pool and lush tropical landscaping create a peaceful setting for both everyday living and entertaining guests.
One of the unique features is the rooftop terrace with ocean views-an ideal spot for morning coffee, evening cocktails, or simply taking in the ocean breeze rolling in from the Atlantic.
With an unbeatable location east of A1A and a refined coastal aesthetic, this property offers a true retreat in one of South Florida's most desirable seaside neighborhoods. This is South Florida living, elevated. Schedule your tour today.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$2,401,000
↓ $49K
(2%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$2,450,000
↓ $300K
(10.9%) | |
| Price Decreased | |||
| Dec 4, 2025 | Listed by The Keyes Company | $2,750,000 | |
| Listed by The Keyes Company | |||
| Jan 10, 2013 | Sold | ||
| Sold | |||
| Jul 29, 2009 | Sold | ||
| Sold | |||
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About Hillsboro Shores
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$8,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017