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4500 Bocaire Blvd Boulevard
About This Property
The gourmet kitchen is a showstopper, featuring designer finishes, a walk-in pantry, and adjacent laundry room. A sun-drenched dining area wrapped in floor-to-ceili windows offers picturesque views of flowering gardens, bringing the outside in. The primary suite is a true retreat with TWO en-suite bathrooms, and a huge custom walk-in closet. All new floors, all impact rated windows & doors, new central vacuum.
Bocaire is a boutique mandatory membership Country Club with only 239 homes on one circle. It is an inclusive, friendly and active community, welcoming all! Parents, children and grandchildren included in the membership. Renowned championship golf course, competitive and social golf, tennis & pickle ball programs, resort-like aquatics center, 24 hour fitness center with diverse fitness classes, high-end dining and many fun social events and programs.
One of the most eastern country clubs in Boca Raton, Bocaire is in an A school district with many desirable public and private schools. Close to beaches, restaurants, entertainment and to both Atlantic Avenue in Delray Beach and Mizner Park Boca Raton.
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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.
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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 Bocaire Golf Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017