728 Cordova Drive
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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.
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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 |
|---|---|---|---|
| Aug 3, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $2,995,000 | |
| Listed | |||
| | |||
|
Spectacular 'Transitional' New Const. This One of a Kind Incredible Home was brilliantly appointed with no expense spared. From its Grand Pivot Door Entryway,Separate Office Entrance, Open Floor Plan, Custom Gourmet Chef's Kitchen featuring Wolf 6 Burner+Griddle Gas Range, Up/Down Master Suites, LED Lighting/Dimmers, Feature Walls, Balconies Throughout, Impact Windows, Fireplace, Natural Gas, Outdoor Oasis featuring separate quarters, a magnificent Complete Summer Kitchen, Heated Salt Water Pool/Jacuzzi w/Poolside Fire Pit, this home is thoughtfully designed and created to satisfy the needs and wants for the most discerning/distinguished Buyer's wish list. This IS the future of home construction. Walk/NEV to Beach, Boca Resort, fine dining, specialty shopping. See attached documentation.The manager has listed the unit size as 5486 square feet.
| |||
| Jun 18, 2017 | Listed by The Keyes Company - Hobe Sound | $2,995,000 | |
| Listed by The Keyes Company - Hobe Sound | |||
| Feb 18, 2015 | Sold | ||
| Sold | |||
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About Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017