36
Map
7440 Oakboro Drive
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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Listed by The Corcoran Group | $625,000 | |
| Listed by The Corcoran Group | |||
| | |||
|
Welcome to 7440 Oakboro Drive, a distinguished residence located in the highly desirable Lake Charleston community of Lake Worth, FL. This beautiful home features four bedrooms and three bathrooms.
Upon entering, you are greeted by an expansive open kitchen that accommodates everyday living and entertaining. The kitchen seamlessly flows into the living and dining areas, creating a cohesive space perfect for gatherings. One of the four bedrooms is conveniently situated on the first floor, providing flexibility for guests or multi-generational living.
This beautiful home has a heated pool and spa that promise endless relaxation and enjoyment. The roof, replaced in 2011, ensures durability and peace of mind. The property is further enhanced by a low Homeowner's Association (HOA) fee, This beautiful home has a pool and spa that promise endless relaxation and enjoyment. The roof, replaced in 2011, ensures durability and peace of mind. The property is further enhanced by a low Homeowner's Association (HOA) fee,
Lake Charleston is renowned for its community amenities and serene environment, making it a sought-after location for discerning homeowners. The neighborhood offers a blend of tranquility and accessibility, with proximity to local schools, shopping centers, and recreational facilities.
| |||
| Jul 14, 2020 | Sold | ||
| Sold | |||
| May 14, 2020 | Listed by CENTURY 21 Tenace Realty | $420,000 | |
| Listed by CENTURY 21 Tenace Realty | |||
| Jul 9, 2014 | Sold | ||
| Sold | |||
Property Highlights
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About Lake Charleston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017