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624 NE 3rd Avenue
About This Property
Nestled on a lushly landscaped corner lot, this 4-bedroom (plus office/den, plus loft, plus bonus room) 3.5-bathroom home boasts over 4,000 square feet of living space, offering a harmonious
blend of indoor-outdoor living.
As you step inside, the open floor plan welcomes you with breathtaking views of the outdoor oasis, perfect for entertaining guests or simply relaxing in style. The main level features a master suite featuring his & her walk-in closets and a separate office/library, while the second level hosts additional bedrooms, a loft, and a bonus room, along with a balcony offering serene views of the surrounding area.
SEE MORE Outside, the travertine decking surrounds the sparkling pool, complete with LED lights, a bubbling fountain, and a summer kitchen, creating a resort-like atmosphere. The newer professionally landscaped grounds are thoughtfully illuminated, enhancing the home's beauty both day and night.
Conveniently located within walking distance to Mizner Park and the beaches, this home offers the perfect blend of luxury, privacy, and convenience. Don't miss the opportunity to make this exquisite property your own!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Price Decreased |
$3,100,000
↓ $150K
(4.6%) | |
| Price Decreased | |||
| Sep 2, 2025 | Relisted | $3,250,000 | |
| Relisted | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
Property Highlights
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About Boca Villas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017