NEW ROOF 2025! True 3BR with closet & doors in every room. FABULOUS
UPDATED 3 BEDROOM CORNER VILLA W ATTRACTIVE UPDATED KITCHEN, LARGE
SINK W/UPGRADED FAUCET, GALAXY GRANITE KITCHEN COUNTER TOPS & FULL
BACKSPLASH, OVER COUNTER LIGHTING, STAINLESS STEEL APPLIANCES,
CONTEMPORARY RECTIFIED PORCELIAN TILE FLOORS, LARGE PRIMARY BEDROOM
WITH A WALK IN CLOSET & MORE. LARGE PRIMARY BATHROOM OFFERS A
JETTED TUB. BATH TWO WAS UPDATED BEAUTIFULY W/NEW CABINET &
COUNTERTOP, UPDATED LIGHT, TILE & MORE! HOME OFFERS LONG
DRIVEWAY W/1 CAR GARAGE, STORAGE CLOSETS, 2 COVERED & SCREENED IN
PATIOS, GARDEN VIEWS, EAT IN KITCHEN, FULL SIZE FRONT LOAD WASHER
(APPROX. 1 YEAR NEW) & DRYER. ONLY 2 VILLAS ATTACHED. DONT
MISS THIS ONE. PRICED TO SELL! LOCATED IN 55+ RESORT STYLE GATED
COMMUNITY JUST WEST OF MILITARY ON BOYNTON BEACH BLVD. BANYAN
SPRINGS OFFERS A VERY ACTIVE CLUBHOUSE, POOL, PICKLEBALL,
TENNIS, GAME ROOM, BILLIARDS, ENTERTAINMENT & MORE. GREAT LOCATION
CLOSE TO SHOPPING, ENTERTAINMENT, RESTAURANTS & A SHORT DRIVE TO
THE BEACH. The Banyan Spring Center provides state-of-the-art
technology for outstanding presentation of cultural and social
activities. Comfortable seating with acoustics and lighting
facilities are outstanding. The Center as well as other rooms
are set aside for Arts and Crafts, billiards, card playing Computer
Education and a library with internet access. It has the services
of a full service Beauty Parlor on premises as well as a Cafe which
serves late breakfast and lunch daily. Banyan Springs has a stand
alone Spa building which features a complete exercise room with
Universal equipment, Japanese hot and cold baths, a steam room, a
sauna and lockers and showers for men and women. It also has an
Olympic size heated pool area is reminiscent of a tropical island
setting with a Jacuzzi, and lounge chairs, two racquetball courts
and seven clay tennis courts and the services of a full time tennis
pro. There is a satellite clubhouse and pool. This is also
available for card playing and can be used for private parties.
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.
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
Flooring Type: Carpet, Tile
Laundry Features: Washer Hookup, Inside, Laundry Closet, In Hall
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