6520 NW 40th Court
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2019 | Sold | ||
| Sold | |||
| Jun 13, 2019 | Listed by Compass Florida LLC | $1,295,000 | |
| Listed by Compass Florida LLC | |||
| | |||
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This welcoming 5BR/3BA, 2-story home sits on a lot with very coveted, expansive golf course views. Oversized windows bring in natural light giving this home a warm and inviting energy.
The kitchen incorporates a classic touch with modern taste in its white paneling, an extra high kitchen bar that overlooks the sunken family room, white marble, and a myriad of upgrades. The list of appliances include: a Subzero fridge and freezer, Dacor microwave, Viking professional gas stove, Wolf double oven, stainless steel undermount double sink, and dishwasher. The guest room is paired with a cabana bath, giving it easy access into the breathtaking backyard. The patio has completely brand new tile and offers a perfect space for entertaining with an impressive, newly refinished pool and spa (with brand new pool pump and heater), with glass mosaic tile and new pool heater, as well as a brand new, full summer kitchen.
The home features a split plan with two of the bedrooms and one of the baths on the first floor, paired with living room, family room and recently remodeled kitchen. The second story is completely hardwood with a loft that oversees the entire first floor. Three of the bedrooms and two bathrooms, including the master, can be found on the second story.
The master bedroom is captivating, not just with spacious closets and gorgeous views, but with a recently remodeled, must-see bathroom. It is bedecked with white porcelain slab walls and flooring, quartz countertops, floating sinks cabinets, and a state of the art, freestanding Aria Fleurco tub, as well as a water closet with a frosted glass door. The eye for detail that went into designing the master bath was remarkable.
Some additional upgrades include an oversized Kenmore Elite SmartWash Quiet Pak 4 washer and an oversized Kenmore Elite SmartHeat Pak 4 dryer, plantation shutters in all rooms except shared spaces, all new light fixtures, new window treatments, one new a/c, and a new roof. Please contact for a complete upgrade and exclusion list.
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| Nov 12, 2015 | Sold | ||
| Sold | |||
| Jul 23, 2015 | Listed by Douglas Elliman | $775,000 | |
| Listed by Douglas Elliman | |||
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About Boca Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017