7172 Chesapeake Circle
About This Property
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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%.
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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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | Listed by The Corcoran Group | $565,000 | |
| Listed by The Corcoran Group | |||
| | |||
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Central Boynton Beach 4 bedroom, 2.5 home with lake and garden views. Light filled open floor plan for ease of living and entertaining. Freshly painted living areas and ceramic tile floors. Kitchen with center island and breakfast nook for informal dining. Spacious primary suite with walk-in closet, Roman bath and separate shower, Guest bedrooms offer flex space for a studio/office. First floor laundry room. Enclosed screened porch and open patio for expanded living and al fresco dining. The gated community of Nautica Sound enjoys resort-style amenities including a clubhouse, fitness center, and a sparkling pool. Conveniently located between I-95 and Florida's Turnpike with easy access to PBIA and FLL Airports and the postcard-worthy shorelines of Boynton Beach.
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| Mar 23, 2004 | Sold | ||
| Sold | |||
| Oct 10, 2003 | Sold | ||
| Sold | |||
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About Nautica Sound
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017