$127,000
●
Condo -
Off Market
3840 LYONS RD #1032
Coconut Creek, FL 33073
2 Beds
2 Baths
1,100 Ft²
$263,181
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model
About This Property
Great 2/2 completely remodeled condo in gated community. Property
has custom wood kitchen cabinets with granite, stainless steel
appliances, tile throughout unit, bathrooms have custom wood
cabinets with granite & are completely remodeled.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
Condo
Property Taxes
$138
HOA Dues
$303
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Beaches MLS #F1253336)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2013 | Sold | ||
| Sold | |||
| Aug 29, 2013 | Listed by RE/MAX Complete Solutions | $135,000 | |
| Listed by RE/MAX Complete Solutions | |||
| Aug 13, 2010 | Sold | ||
| Sold | |||
| Jun 23, 2010 | Listed by REMAX Professionals R E | $38,900 | |
| Listed by REMAX Professionals R E | |||
| | |||
|
BANK OWNED. 2 BED 2 BATH. CONDO IN RIVIERA PALMS. PROPERTY IS READY FOR RENOVATIONS. NEEDS DRYWALL, KITCHEN, APPLIANCES,PAINT AND FLOORING.BANK OF AMERICA PRE-QUALIFICATION PREFERRED ON ALL OFFERS. FREE APPRAISAL AND CREDIT REPORT IF BUYER FINANCES THRO UGH BANK OF AMERICA. PLEASE ALLOW 3 TO 5 BUSINESS DAYS FOR SELLERS REPONSE.
| |||
Property Highlights
Parking Details
Parking Features: Assigned Parking, Guest Parking
Parking Restriction: No Rv/Boats
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closets
Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Microwave, Washer
Flooring Type: Tile Floors
Exterior Details
Listing Terms: Cash Only, Conventional
Construction Type: Cbs Construction
Exterior Features: Patio
Financial Details
Total Taxes: $1,661
Tax Year: 2012
Possession Information: Funding
Utilities Details
Heating Type: Electric Heat, Central Heat
Cooling Type: Electric Cooling, Central Cooling
Location Details
Location: FROM SAMPLE RD. GO NORTH ON LYONS RD. TO PROPERTY ON RIGHT.
Front Exposure: South
Subdivision Complex Building: Riviera Palms
Waterfront Description: Canal Front
HOA Details
HOA Fee: $303 Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/18/2022
|
2 Bed
|
2 Bath
|
-
|
$245,000
2 Bed
2 Bath
|
$240,000
-2.04%
03/21/2022
|
Jean Lachance
Lucky Florida Realty
| |
|
01/08/2018
|
2 Bed
|
2 Bath
|
1112 ft²
|
$160,000
2 Bed
2 Bath
1112 ft²
|
$158,000
-1.25%
04/25/2018
|
Rita Ayala
Charles Rutenberg Realty LLC
| |
|
12/06/2016
|
2 Bed
|
2 Bath
|
1112 ft²
|
$169,000
2 Bed
2 Bath
1112 ft²
|
$165,000
-2.37%
01/30/2017
|
Kristyn Leigh Kilker
Anderson & Carr
| |
|
01/26/2016
|
2 Bed
|
2 Bath
|
1112 ft²
|
$124,500
2 Bed
2 Bath
1112 ft²
|
$124,500
03/04/2016
|
Tony Wood
Keller Williams Realty Destin
| |
|
02/12/2014
|
3 Bed
|
2 Bath
|
1258 ft²
|
$126,500
3 Bed
2 Bath
1258 ft²
|
$129,000
+1.98%
04/30/2014
|
Christine Hansen Vargas
South Florida Home Sales
| |
|
08/29/2013
|
2 Bed
|
2 Bath
|
1100 ft²
|
$135,000
2 Bed
2 Bath
1100 ft²
|
$127,000
-5.93%
10/23/2013
|
Joe Lanser
RE/MAX Complete Solutions
| |
|
08/25/2013
|
2 Bed
|
2 Bath
|
1112 ft²
|
$129,000
2 Bed
2 Bath
1112 ft²
|
$123,000
-4.65%
10/24/2013
|
Fernando Alves
Charles Rutenberg Realty LLC
| |
|
05/30/2013
|
2 Bed
|
2 Bath
|
1112 ft²
|
$125,000
2 Bed
2 Bath
1112 ft²
|
$114,000
-8.80%
11/03/2013
|
Rachel Svenman
Parkland Luxury Homes
| |
|
10/07/2010
|
2 Bed
|
2 Bath
|
1112 ft²
|
$74,900
2 Bed
2 Bath
1112 ft²
|
$73,000
-2.54%
03/17/2011
|
David White
Denovo Realty
| |
|
10/06/2010
|
2 Bed
|
2 Bath
|
1112 ft²
|
$64,900
2 Bed
2 Bath
1112 ft²
|
$64,900
03/11/2011
|
Tonisia Jones
Tonisia A Jones Real Estate Broker/Owner
| |
|
06/23/2010
|
2 Bed
|
2 Bath
|
1100 ft²
|
$38,900
2 Bed
2 Bath
1100 ft²
|
$39,000
+0.26%
08/13/2010
|
Joe Lanser
RE/MAX Complete Solutions
| |
|
05/19/2010
|
2 Bed
|
2 Bath
|
-
|
$60,000
2 Bed
2 Bath
|
$63,000
+5.00%
11/19/2010
|
Gabriel Souza
Decorus Realty LLC
| |
|
03/01/2010
|
3 Bed
|
2 Bath
|
-
|
$105,000
3 Bed
2 Bath
|
$82,500
-21.43%
03/02/2012
|
Lourdes Nunez
Xpert Florida Realty Inc
| |
|
11/19/2009
|
3 Bed
|
2 Bath
|
-
|
$89,900
3 Bed
2 Bath
|
$79,000
-12.12%
04/16/2010
|
Jason Jobbitt
Dalton Wade Inc
| |
|
10/07/2009
|
2 Bed
|
2 Bath
|
1112 ft²
|
$48,960
2 Bed
2 Bath
1112 ft²
|
$57,600
+17.65%
12/18/2009
|
Richard Frost
Frost & Associates Inc
|
Building Info
About Palm Beach Farms
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Listed by: Joost Lanser
RE/MAX Complete Solutions
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1253336
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
RE/MAX Complete Solutions
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1253336
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