5822 Boca Raton Drive
About This Property
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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 |
|---|---|---|---|
| May 12, 2021 | Sold | ||
| Sold | |||
| Apr 3, 2021 | Listed by Compass RE Texas, LLC. | $1,875,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Gorgeous modern custom built in 2010 perfectly blends sophistication w warmth + comfort. Landscaping by Southern Botanicals frames this property w a gracious setback + resort-like backyard ideal for entertaining. Highlights incl an open floor plan bathed in nat'l light w a seamless flow from indoors to out. Chef's kitchen w Danby marble + top-of-the-line appliances, dining room w double sided FP to living area + a wall of windows w views of pool, spa + yard. 2nd floor is anchored by an add'l living area + 4 generous BRs w walk in closets + en-suite BAs. Ideally situated in prestigious Preston Hollow w easy access to all the shops + restaurants the area has to offer, as well as the best private schools in DFW.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017