Experience exceptional resort-style living in the prestigious 55+
Cascades community of Boynton Beach. This inviting 3-bedroom,
2-bath residence offers 1,835 SF of spacious single-story living,
thoughtfully designed for comfort, relaxation and effortless
entertaining. Enjoy the ultimate South Florida lifestyle with a
spectacular clubhouse, resort-style pools, fitness center, tennis,
pickleball and a vibrant calendar of social activities. Beautifully
maintained grounds and scenic surroundings create a tranquil,
vacation-inspired atmosphere. Ideally located near shopping, fine
dining and everyday conveniences, this is your opportunity to
embrace an exceptional lifestyle in one of Boynton Beach's most
desirable active adult communities.
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.
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