5237 Mirror Lakes Boulevard
About This Property
MIRROR LAKES 55+ GATED COMMUNITY LOCATED IN BOYNTON BEACH 2BR/2BA Plus Florida room/Den or 3rd Bedroom. 1 Car Garage. A/C (2018), Roof (2012), Hot water heater (2015). Hurricane Panels, Garage Door Opener/ Attic space/ pull down ladder with floor boards. Many great features in this Home. Lakefront Community Pool, Tennis, Shuffleboard, Billiards, Library, etc. This is a Fantastic 55+ Gated Community with only 238 Homes. If you love to walk or bike ride there is a waterfront path. Mirror Lakes is located off Military Trail close to shopping, restaurants, Highways & close to the Beach. Call Listing Agent for information regarding Rules & Application and question. Bring your Family to a Gem of a Community!! Children over 18!
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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 Mirror Lakes
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$2,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017