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7127 Boscanni Drive
About This Property
Enjoy the light and bright great room with soaring ceilings and tile floors. The large master looks out to lush, tropical landscape overlooking the lake.
Other notable upgrades include new, wood look laminate floors in the master, newer A/C unit (2020), front screened foyer, plenty of hi-hats and so much more. You do not want to miss beautiful home; this home will sell fast. You cannot beat the amenities which include two separate clubhouses. Tivoli Lakes is a smaller active community. They are known for their tennis program and even have stadium seating for tennis events. Enjoy the newly renovated Tivoli Lakes clubhouse including a spacious social hall, arts & crafts room, card rooms, billiards room, library and great room gathering area with bar. The separate athletic clubhouse features a large state-of-the-art fitness facility, aerobics room, & steam room. Enjoy the outdoors with a large resort style pool including plenty of cabanas, kiddie waterworks area & hot tub. 6 Har-Tru tennis courts with stadium seating, & pro shop, Pickleball & Bocce Ball.
Centrally located in Western Boynton Beach, right between Boca Raton and Palm beach. with access to the turnpike, I95, and shopping. Close to places of worship, medical and beaches. No HOA approval. HOA fees include lawn maintenance, irrigation, basic cable w/ HBO, internet, house painting, roof cleaning, guard gate and all recreation amenities.
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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.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017