7374 Potomac Falls Lane
About This Property
Lakeridge Falls is a 55+ community located in Westcheter Country Club, Boynton Beach. Home owner is NOT required to belong to club and there is no equity payment. Enjoy living in Central Boynton - within this gated community - restaurants, shopping and entertainment just minutes away!
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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 |
|---|---|---|---|
| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Sold | ||
| Sold | |||
| May 31, 2021 | Listed by The Keyes Company | $459,000 | |
| Listed by The Keyes Company | |||
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Wow!!! Welcome Home to this Extremely Rare 3 bedroom/ 3 bathroom Cabana home in Lakeridge Falls. Tropical Oasis! Enchanting courtyard home offers the best of indoor and outdoor living. Separate guest home opens to the courtyard. When built owner expanded kitchen and second bedroom. Eat in kitchen with a mobile island with granite countertops. High vaulted ceilings though out the home. Huge master suite with his and hers walk in closets .Luxurious master bath with separate tub and shower. Laundry room. Two car garage. Room for a pool.
Screened in lanai offers a great outdoor space for entertaining. Lakeridge Falls is a 55+ community located in Westchester Country Club. Home owner is not required to belong to club. Gated community . Fabulous home if your looking for something UNIQUE !
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| Mar 23, 2021 | Listed by KW Innovations | $420,000 | |
| Listed by KW Innovations | |||
| Mar 21, 1997 | Sold | ||
| Sold | |||
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About Pipers Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017