43
Map
7614 Colony Lake 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%.
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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 28, 2025 | Relisted | $505,000 | |
| Relisted | |||
| Apr 22, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by KW Innovations | $505,000 | |
| Listed by KW Innovations | |||
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Don't miss the chance for this lake front home in the highly desirable The Colony at Boynton Beach. The turnkey price includes all furniture, TV's, bedding, towels, kitchen items, everything except owners personal items and golf equipment. House has hurricane impact windows AND doors. 3.5 ton A/C new 7/23, Great open floor plan for easy entertaining. Community pool/spa,, health center, Tennis, basketball. Enclosed patio with lake view and gentle evening breezes. The patio faces EAST, so no direct afternoon sun. Everything you need, ready to move in, just bring your personal items. And one of the lowest HOA fees in the area. Act now for this rare opportunity.
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About Colony at Boynton Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017