4040 Sanctuary Ln
About This Property
The Sanctuary is an internationally acclaimed, gated enclave of magnificent custom built estate homes located just off the Intracoastal, in Boca Raton, Florida. Homes in THE SANCTUARY range in price from $1 million to well over $20 million, and this prestigious community is home for many executives, CEO's, sports figures, and celebrities. Considered one of the most secure gated communities in Palm Beach County, THE SANCTUARY features full time guards at the main entrance, the service entrance, as well as roving and boat patrols to secure the waterways of THE SANCTUARY. Secluded from sight by a pristine 27 acre wildlife preserve on the Intracoastal, and an elaborate brand new gatehouse off the highway, THE SANCTUARY is truly an exclusive oasis for its elite residents.
Community amenities include several Har-Tru tennis courts, a 20 slip Marina, and a convenient location close to Interstate I-95, midway between Palm Beach and Fort Lauderdale's International Airports. The Boca Raton Executive Airport, as well as Boca's famed Mizner Park and Delray's eclectic Atlantic Avenue are both within a short ten minute drive.
The information herein is believed to be accurate but is not guaranteed and may be subject to errors or omissions and may be changed without notice. All measurements are approximate.
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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%.
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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.
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About Sanctuary
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017