3525 Old Boynton 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 |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | Listed by Florida Premier Realty of the Palm Beaches LLC | $1,000,000 | |
| Listed by Florida Premier Realty of the Palm Beaches LLC | |||
| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2023 | Listed by Florida Premier Realty of the Palm Beaches | $900,000 | |
| Listed by Florida Premier Realty of the Palm Beaches | |||
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.81 acres zoned C-1 Office/Professional. A unique lot on Old Boynton Rd. The lot is now part of the City of Boynton Beach. Lot has water and sewer can be made available from the SE corner. Close to the Boynton Beach Mall and easy access to I 95 Great location for a Dental, Doctor or Insurance Office.
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About Boynton Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017