$775,000
●
House -
Off Market
7197 Encina Lane
Boca Raton, FL 33433
4 Beds
4 Baths
2,992 Ft²
$1,212,549
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Beautiful lake front house, 4 bedrooms,4 baths, located on one of
the most desirable family neighborhoods in town. A+ rated schools,
bike trails, tennis, basketball. Updated kitchen with newer
appliances, hurricane impact windows and doors except for front
door, hurricane impact garage door, pool, large lot with direct
lake view; updated bathrooms, updated living and dining room
flooring; large bedrooms, open floor plan, wide lot!
Unit Size
2,992 Ft²
Days on Market
333 days
Land Size
0.35 acres
Price per sqft
$277
Property Type
House
Property Taxes
$835
HOA Dues
$285
Year Built
1979
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 7 months ago (Beaches MLS #R10342482)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Listed by Api Realty LLC | $1,575,000 | |
| Listed by Api Realty LLC | |||
   | |||
|
This stunning property is located in one of the most sought out and exclusive neighborhoods in Boca Raton. It is centrally located near shopping, major highways and in close proximity to places of worship. It also has some of the best public and private schools in the area. This house features an open floor plan, with a view to the pool and lake from every angle, 4 spacious bedrooms, 4 updated bathrooms, custom closet in the main bedroom, impact windows and doors, with one electric sliding glass door going to the patio. The kitchen has contemporary cabinets, a new cooktop and dishwasher, a newer refrigerator, a reverse osmosis water system, one new water heater, a jacuzzi in the main bathroom, a renovated deck and pool, a solar pool heater and over 100 feet of lakefront.
| |||
| Dec 16, 2019 | Sold | ||
| Sold | |||
| Jun 13, 2017 | Listed by Api Realty LLC | $829,000 | |
| Listed by Api Realty LLC | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Estancia of Via Verde North
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Listed by: Jazmin B Meaux
Api Realty LLC
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10342482
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Api Realty LLC
Last Updated: 7 months ago
Data Source: Beaches MLS, MLS# R10342482
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017