7133 Encina Lane
About This Property
French Doors lead out to an enormous covered lanai which features a summer kitchen and surrounds the heated (Solar and Electric) and refreshing waters of your private pool; the centerpiece of your outdoor entertainment area and visible as well as accessible from almost all rooms including the enormous Owner's Suite (located in its own separate wing).
Fabulous Kosher Chef's kitchen offers a Thermador built-in Refrigerator and 7-burner cooktop, 2 Bosch dishwashers, 2 sinks, 2 convection ovens, and endless granite countertops All windows and doors are hurricane protected, most with impact glass, the rest with accordian shutters. Accordian shutters also protect all outdoor lanai furniture, so no removal necessary.
The fifth bedroom currently serves as an indoor fitness center, but can easily be converted back.
Modest HOA fee includes an AMAZING internet and cable package.
Located in the heart of Boca Raton, Estancia West is a beautiful, upscale, family friendly community. Estancia residents enjoy the tranquil, natural parks, waterways, walking paths, and lakes, characteristic of this beautiful development. Inside the park, discover a private children's playground, as well as tennis and basketball courts exclusively for the enjoyment of Estancia residents and their guests.
Town Center Mall is just a mile away, and worship is less than a 1/2 mile stroll as you saunter through the gorgeous shady park trail that borders the community.
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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 |
|---|---|---|---|
| Nov 18, 2020 | Sold | ||
| Sold | |||
| Sep 6, 2020 | Listed by Lang Realty/BR | $895,000 | |
| Listed by Lang Realty/BR | |||
| Jan 15, 2020 | No longer available | - | |
| No longer available | |||
| Jul 26, 2019 | Listed | $895,000 | |
| Listed | |||
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This fabulous home is perfect for entertaining and for your own private paradise. Enjoy gatherings in the formal living and dining areas and the generously-sized family room graced by a fireplace, wet bar and large french doors that lead out to the sparkling pool area.The Chef's kitchen boasts a Thermador built-in Refrigerator and 7-burner cooktop, 2 Bosch dishwashers, 2 sinks, 2 convection ovens, and extensive granite counter space. A huge very private master suite with an updated bathroom opens up through french doors to the backyard paradise: an outdoor kitchen, covered patio and electric and solar heated pool with waterfall.3 additional bedrooms with updated bathrooms and custom closets occupy the other side of the house.. The fifth bedroom is currently used as gym and can be The manager has listed the unit size as 3734 square feet.
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| Apr 22, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017