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6631 Sherbrook Drive
About This Property
The remodeled kitchen is a chef's delight, featuring granite countertops, stainless steel appliances, and 42-inch cabinetry, providing both elegance and functionality. The enclosed patio, designed with floor-to-ceiling sliders, expands the living space and allows for year-round enjoyment of the serene views. Additional upgrades include an updated second bathroom featuring a shower with an upgraded glass door and granite countertops. The home also features an updated AC system, ensuring year-round comfort and efficiency. For added peace of mind, the appliances are covered under a transferable home warranty until November 2025.
Located in Cascades, an active 55+ community, residents enjoy a newly renovated clubhouse, resort-style pool, fitness center, cafe, tennis, pickleball, and numerous social activities. With a non-equity golf course on-site and easy access to shopping, dining, and entertainment, this is South Florida living at its finest.
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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%.
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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 |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Mar 8, 2025 | Listed by Berkshire Hathaway HomeSvs FL | $525,000 | |
| Listed by Berkshire Hathaway HomeSvs FL | |||
| | |||
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Discover the highly sought-after Balmoral open floor plan, in the prestigious Cascades community of Boynton Beach. This meticulously maintained 2-bedroom plus den, 2-bathroom home offers a spacious and thoughtfully designed layout, along with a 2-car garage for added convenience.The remodeled kitchen is a chef's delight, featuring granite countertops, stainless steel appliances, and 42-inch cabinetry, providing both elegance and functionality. The enclosed patio, designed with floor-to-ceiling sliders, expands the living space and allows for year-round enjoyment of the serene views. Additional upgrades include an updated second bathroom featuring a shower with an upgraded glass door and granite countertops. The home also features an updated AC system, ensuring year-round comfort
| |||
| Dec 18, 1997 | Sold | ||
| Sold | |||
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About Palm Beach
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