6885 Cobia Circle
About This Property
The large family room has French doors with access to the backyard and open to the kitchen and breakfast nook. This area becomes the hub of all family activities. The first level features an den/guest room with a full bathroom.
The second level offers a huge master bedroom suite with French doors leading to the veranda which overlooks the pool and the lake with lots of privacy. The master bath offers dual vanities, separate shower, roman tub and private commode. There are two secondary bedrooms sharing one bathroom on this level. Neutral colors throughout, beautiful landscaping, circular driveway, fully fenced-in, private lake view, walk-in distance from the club house, sprinkler system with irrigation from the lake, newer air conditioner. Fantastic location near shopping centers, restaurants, parks, highways, airports and beaches. A Must See!!!
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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%.
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 |
|---|---|---|---|
| Jul 16, 2020 | Sold | ||
| Sold | |||
| Jun 8, 2020 | Listed by RE/MAX Advantage Plus | $459,999 | |
| Listed by RE/MAX Advantage Plus | |||
| Oct 22, 2018 | Sold | ||
| Sold | |||
| Sep 27, 2018 | No longer available | - | |
| No longer available | |||
| Sep 19, 2018 | Price Decreased |
$410,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
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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