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6616 Cobia Circle
About This Property
Primary suite is completely private from all other bedrooms and is a true retreat. Primary suite features include tray ceilings, engineered hardwood floors, sliders open to pool and double walk-in closets. Primary bath is a sanctuary with dual vanities, large walk-in shower, whirlpool tub & plentiful storage. Hard-to-find floorplan with primary bedroom + secondary bedroom w/ full bath + half bath downstairs AND 2 bedrooms + full bath + loft upstairs! Laundry is also downstairs making this home truly one-story living if desired. You will enjoy your outdoor oasis w/ expansive covered patio space, sparkling pool and fenced-in yard for play or pets! Total privacy w/ tropical landscaping owners have spent years developing which adds to the resort-style vacation you can have in your own backyard! (2)AC's 2019 | Storm smart shutters 1st floor | Accordian shutters 2nd floor | Custom glass IMPACT front door.
Boynton Waters West is a perfectly located boutique community close to Sprouts, Whole Foods, Bethesda West Hospital + hundreds of shops and casual/fine dining minutes away. Excellent A-rated schools including newly zoned for Park Vista High School. Close to FL's Turnpike for an easy commute. Owners enjoy a low $154/month HOA fee. Lennar has started building in the community and will be investing in enhancing common areas as well!
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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.
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About Strathmore Estates at Boynton Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017