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4722 Bocaire Boulevard
About This Property
Bocaire Country Club, a prestigious & boutique mandatory membership Club with just 239 homes, offers a high end lifestyle for the whole family. Boasting a new club house, championship golf course, tennis, pickle ball, 24 hr fitness, spectacular dining & social events, Bocaire is active and inclusive! Membership includes Parents, children and grandchildren! Bocaire is one of the eastern most clubs, near beaches, shopping, entertainment, and halfway between Boca's downtown Mizner and Delray's Atlantic Ave. A rated Public schools - (Calusa, Omni and Spanish River) plus many private schools nearby to choose from.
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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%.
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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 Bocaire Golf Club
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$5,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017