37
Map
6579 Spring Bottom Way #236
About This Property
This is the lowest priced 55+ 3 bedroom condo in Boca
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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 |
|---|---|---|---|
| Oct 26, 2023 | Sold | ||
| Sold | |||
| Aug 11, 2023 | Listed by Keller Williams Realty Service | $299,000 | |
| Listed by Keller Williams Realty Service | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/01/2026
|
2 Bed
|
2 Bath
|
1500 ft²
|
$235,000
2 Bed
2 Bath
1500 ft²
|
$235,000
06/30/2026
|
Ryan Bradley McHugh
KW Innovations
| |
|
08/11/2023
|
3 Bed
|
2 Bath
|
1700 ft²
|
$299,000
3 Bed
2 Bath
1700 ft²
|
$255,000
-14.72%
10/26/2023
|
Kevin A Efird
Castles By The Beach, Inc.
| |
|
09/20/2018
|
2 Bed
|
2 Bath
|
1500 ft²
|
$159,900
2 Bed
2 Bath
1500 ft²
|
$120,000
-24.95%
04/05/2019
|
Polly X Parker
| |
|
06/15/2017
|
2 Bed
|
2 Bath
|
1500 ft²
|
$135,000
2 Bed
2 Bath
1500 ft²
|
$125,000
-7.41%
08/29/2017
|
Amy Givoni
Carol Brenner Realty
| |
|
02/08/2016
|
2 Bed
|
2 Bath
|
1500 ft²
|
$119,000
2 Bed
2 Bath
1500 ft²
|
$105,000
-11.76%
05/16/2016
|
Jane Linda Sharpington Pumilia
Triumph Realty
|
Building Info
About Boca Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017