NEW ROOF! Welcome to this inviting 3-bedroom, 2-bathroom Single
Family Home in Boynton Lakes! Tucked into a serene cul-de-sac, this
light-filled move-in-ready residence features a cozy kitchen with a
dedicated breakfast area, an attached one-car garage, and extra
driveway space. Impact sliders lead out from the primary bedroom
and second bedroom directly onto a fully fenced patio, ideal for
relaxing outdoors or hosting casual gatherings. Residents enjoy
access to fantastic association amenities, including a refreshing
pool, tennis courts, a clubhouse, scenic paths, and a picnic area.
Conveniently positioned in Palm Beach County, you are just minutes
from the pristine shores of Oceanfront Park Beach, vibrant dining
along Ocean Avenue, and the nearby Boynton Town Center.
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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