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7635 Mandarin Drive
About This Property
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$2,950,000
↓ $250K
(7.8%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by Sobeca Realty LLC. | $3,200,000 | |
| Listed by Sobeca Realty LLC. | |||
| Jan 19, 2022 | Sold | ||
| Sold | |||
| May 4, 2021 | Listed by Compass Florida LLC | $2,395,000 | |
| Listed by Compass Florida LLC | |||
| | |||
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Incredible 4 BR/ 4 BA/ 1 HB courtyard home in Boca Grove. Built for entertainment, this home features elegant marble stairs, a gorgeous dining room, an oversized courtyard, a massive living room with a full bar, elevator, and huge windows throughout to enjoy the Florida sunlight.
Read more.. The courtyard is an oasis. It features an excess of patio space, a full summer kitchen, pool with spa and water fixture, TV hookup, and oversized guest home. The guest home enjoys an abundance of oversized windows, a mini kitchen, and a cabana bath. This space is perfect for extended stay guests, an office, home gym or private art studio.
The second story features a spacious loft, the library,* and two bedrooms. The first bedroom features an ensuite bathroom, a cedar closet, and a balcony that overlooks the courtyard.
The kitchen is decorated with a view of the living room and courtyard, a gas 6-top stove, double ovens, breakfast nook, and a large island.
The first story master suite is adorned with entry to the courtyard, a sitting space, oversized closets with automatic lights, and an amazing masterbath. The bath features a double tub, double shower, double sinks, a vanity and double water closet with bidet.
Some highlights include the 3-car garage & golf, the oversized laundry room, and potential for seller credit. Seller will consider lease option/purchase. UP TO $1M TRADE PLUS SELLER FINANCING
NOTE: This home is currently laid out with a two story office & library and wine room. However, should the buyer want to create a fifth bedroom/bathroom upstairs & sixth bedroom on first floor, the seller will give a credit to add floor trusses/bathroom on the second story and convert the wine room into an additional bathroom.
NOTE 2: Tenant Occupied for 1-year Rent: $18,000/M
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| May 2, 2021 | No longer available | - | |
| No longer available | |||
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About Boca Grove Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017