Beautifully maintained 3-bdrm, 2-bth end-row SFH in desirable
Palladium Gated Community, Boynton Beach. Corner lot on tree-lined
no-outlet street, w/ grass & tennis courts across the street.
Functional layout + private, fenced/gated backyard for pets/family.
Enjoy tennis, updated gym & pool. Major updates: NEW ROOF, gutters
& exterior lighting (2025); new ductwork & water heater (2026); A/C
(2021) w/ Cool Air service contract. Kitchen features newer appls &
open-concept design w/ lowered 3/4 wall. Den converted to true 3rd
BR w/ double closet. Newer W/D, functional garage w/ refrigerator
water line & enhanced attic storage w/ plywood flooring/pull-down
stairs. Extended patio w/ outdoor TV mount, fan & lighting. HOA
benefits include ADT alarm monitoring, cable and internet,
landscaping, a gated entrance, clubhouse, community pool, and
more.
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.
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