4840 NW 28th Way
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by LPT Realty, LLC | $1,367,500 | |
| Listed by LPT Realty, LLC | |||
| | |||
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Welcome to the sought after Colonnade community, centrally located within A+rated school zone. Step into this beautifully updated pool home, where comfort meets style. This home includes full impact windows and doors. From the moment you enter, you're greeted by an open concept living space with a warm, inviting atmosphere that includes gorgeous porcelain wood look tile floors. The beautifully updated kitchen boasts brand new Bosch refrigerator, a Bosch dishwasher, quartz counters, and Samsung Chef Collection induction range/oven.The split floor plan includes a spacious primary bedroom and, recently updated primary bathroom with all high end fixtures. Two guest bathrooms also completely renovated. 2 A/C zones replaced in 2019 & 2023. Enjoy outdoor living in the screened lanai and pool area with a newer chlorinator and pool heater. The home has a central vacuum. Fully fenced back yard has room for your kids, or pets to play. The garage is equipped with EV charger.
Colonnade community is walking distance to
Boca Tierra Park; nestled in the center of the community that includes shaded playground area, tennis and pickleball courts, basketball court, walking/jogging path. Colonnade is close to shopping, restaurants and all major highways.
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| Oct 8, 2020 | Sold | ||
| Sold | |||
| Jul 16, 2020 | Listed by Granath Realty Group, Inc | $775,000 | |
| Listed by Granath Realty Group, Inc | |||
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About Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017