62
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6969 NE 8th Drive
About This Property
12,000 ib boat lift included and professional gas cooking.
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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.
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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | Listed by One Sotheby's International Realty | $4,250,000 | |
| Listed by One Sotheby's International Realty | |||
| | |||
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Nestled on the serene shores of Boca Harbour Island, 6969 NE 8th Drive in Boca Raton, Florida, unveils a waterfront haven that epitomizes luxury living at its finest. This exceptional property offers a boater's paradise with 85 feet of dockage space and a 12,000 lb. boat lift, providing easy access to the pristine waters of South Florida without the hindrance of fixed bridges. As you step inside this exquisite home, you are greeted by a sense of elegance and sophistication that permeates every corner. The residence boasts 5 bedrooms and 4.5 bathrooms, providing ample space for both comfortable living and entertaining guests in style. The updated kitchen and powder bath reflect contemporary design and high-end finishes, catering to the needs of the modern homeowner.
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| Apr 13, 2021 | Sold | ||
| Sold | |||
| Jan 6, 2021 | Listed by Lenson Realty Inc. | $2,799,999 | |
| Listed by Lenson Realty Inc. | |||
| Dec 26, 2001 | Sold | ||
| Sold | |||
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About Boca Harbour Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017