Pristine 2BR 2BA patio home now available in Mirror Lakes, Boynton
Beach. Well maintained & move-in ready. Features bright open
layout, split BRs, sunny eat-in kitchen, 1 car gar., AC 2026,
screened roofed patio overlooking private garden view, new impact
entrance door 2025 & accordion shutters on all remaining openings
2021, ring doorbell & attractive "smart" exterior lighting, & more.
Unique & lovely adult 55+ community of just 238 homes is gated,
surrounded on 3 sides by water, w/ picturesque strolling promenades
around 2 lakes, open greenspaces/trees, aquatic wildlife, great
fishing! Low HOA fees, self-managed & financially sound HOA.
Convenient to shopping, dining, cultural venues, highways,
airports, BEACH! If you are not familiar w/ Mirror Lakes, come be
surprised & fall in love!
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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