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395 NE 28th Road
About This Property
While the home is in need of repair, it boasts solid bones and a classic design that can be transformed into your dream residence. The kitchen features ample cabinetry and a functional layout, perfect for culinary enthusiasts looking to create their ideal space.
Outside, the expansive backyard is a blank canvas, perfect for outdoor entertaining or creating a lush garden oasis. Located just minutes from Boca Raton's pristine beaches, top-rated schools and vibrant dining and shopping options.
Don't miss your chance to reimagine this Boca Raton gem!
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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 |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Dec 26, 2024 | Listed | $675,000 | |
| Listed | |||
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Great opportunity to acquire this beautiful and cozy 3 bedroom, 2 bathroom property. bright and open kitchen features modern, brand-new appliances, ideal for family gatherings and meal preparation.
Enjoy a large backyard, providing ample space for outdoor activities, and the convenience of potential for a closed garage.
Located just minutes from downtown Boca Raton, you'll have easy access to a wide variety of restaurants, shopping, and family-friendly entertainment.
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| Nov 5, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | Listed by Keller Williams Realty Services | $475,000 | |
| Listed by Keller Williams Realty Services | |||
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Welcome to this charming home in the heart of Boca Raton, brimming with potential for the right buyer. Nestled in a quiet neighborhood, this property offers a spacious layout, ideal for families or those seeking extra space. While the home is in need of repair, it boasts solid bones and a classic design that can be transformed into your dream residence. The kitchen features ample cabinetry and a functional layout, perfect for culinary enthusiasts looking to create their ideal space. Outside, the expansive backyard is a blank canvas, perfect for outdoor entertaining or creating a lush garden oasis. Located just minutes from Boca Raton's pristine beaches, top-rated schools and vibrant dining and shopping options.Don't miss your chance to reimagine this Boca Raton gem!
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Property Highlights
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About Chatham Hills
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$4,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017