Mr. C Residences Boca Raton will feature 133 thoughtfully designed
residences with 2 - 4 bedroom layouts. Each home is crafted with
refined Italian finishes, premium Wolf & Sub-Zero appliances,
expansive terraces with floor-to-ceiling windows creating a
light-filled, elegant living experience rooted in timeless European
design. Residents will enjoy an elevated lifestyle defined by
hospitality & wellness including a rooftop resort deck with an
infinity pool, private cabanas, open-air cinema, social lounges,
spa & hammam, fitness & yoga studios, lap pool, hot & cold plunges,
plus private pickleball courts. At the heart of the experience is
Bellini Restaurant, along with the exclusive rooftop Mr. C Bar &
Lounge, concierge services & access to benefits across the Mr. C
global portfolio.
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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