7602 Colony Lake 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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| Mar 3, 2024 | Listed by EXP Realty LLC | $589,900 | |
| Listed by EXP Realty LLC | |||
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|
Beautiful one of a kind 3 bedroom, 2.5 bath waterfront pool home in a charming gated community. Low HOA! Complete Storm Protection, One year Appliance Home Warranty provided to Buyer,
Home includes enclosed inground pool with large Lanai, waterfall, pool heater (2021), new tile roof (2022) with transferrable Warranty to Buyer, Rheem AC with UV light air purifier (2020), 18'' Travertine diagonal tile flooring, abundant kitchen cabinets and island, granite countertops, stainless steel appliances, surround sound system, custom built-ins and cathedral ceilings in formal living room and dining room, spacious Master with tray ceiling. Close to schools, shopping, beaches, I-95 and Turnpike.
Motivated Seller! All reasonable offers considered.
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| Sep 17, 2023 | No longer available | - | |
| No longer available | |||
| Aug 31, 2023 | Listed by eXp Realty, LLC | $589,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
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Beautiful one of a kind 3 bedroom, 2.5 bath lakefront pool home in a gated community with alow HOA. Stunning extras include inground pool with amazing waterfall, new pool heater (2021)large screened patio and pool enclosure, new tile roof (2022) with transferrable warranty,Rheem AC with UV light air purifier (2020) with transferrable warranty, 18'' Travertine diagonaltile flooring throughout the living areas, bedrooms have newer carpets, abundant kitchencabinets and island with granite countertops, newer Black stainless steel appliances in kitchen(2018), surround sound system installed in living room and screened patio enclosure, custombuilt-ins and cathedral ceilings in formal living room and dining room, spacious Master The manager has listed the unit size as 1874 square feet.
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| Sep 10, 2014 | Sold | ||
| Sold | |||
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About Colony at Boynton Beach
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Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10055618
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