5680 Piping Rock Drive
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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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Jan 19, 2021 | Listed by United Realty Group Inc. | $235,000 | |
| Listed by United Realty Group Inc. | |||
| | |||
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Indian Spring is a 55+ community in Boynton Beach, Florida. This community offers residents a low-maintenance lifestyle thanks to a monthly homeowner's association fee covers general maintenance of the community grounds as well as exterior maintenance of the homes. It also offers the ability to become a member of the Indian Spring Country Club for social and golf opportunities. This home is in move in condition, current owners are Snow Birds and only live here during the winter months. You can enjoy the waterfront views from the home's rear enclosed patio that has been turned into a large den. The atrium has been enclosed and can be used as a 3rd bedroom for guests or an office. Pets are welcome, this is a 55+ community located in Boynton Beach, FL.
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| Dec 19, 2020 | No longer available | - | |
| No longer available | |||
| Aug 27, 2020 | Relisted | $239,000 | |
| Relisted | |||
| Aug 13, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Indian Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017