7687 Solimar Circle
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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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| Apr 28, 2025 | Listed by Florida's Best Realty Services | $695,000 | |
| Listed by Florida's Best Realty Services | |||
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Beautifully updated and move-in ready 3-bed, 2-bath home in one of Boca Raton's most desirable neighborhoods. Walk to Del Prado Elementary School, and places of worship. Enjoy peace of mind with new hurricane impact doors, windows, and sliders. The open floor plan showcases elegant travertine marble tile flooring throughout, a renovated kitchen with wood cabinetry, granite countertops, and stainless steel appliances. Unwind in the spa-like primary bath featuring a quartz vanity, double sinks, a frameless glass shower, jacuzzi tub, and marble finishes. Situated on a private corner lot with expansive green space behind. Additional upgrades include a custom travertine entry walkway, freshly painted exterior, new washer and dryer, and an A/C replaced in 2018. Low HOA covers lawn care, high-speed internet, driveway pressure cleaning, lawn pest control, and access to the community pool just steps away.
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| Jun 29, 2018 | Sold | ||
| Sold | |||
| Apr 21, 2018 | Listed by Allegiance Realty Services Inc | $390,000 | |
| Listed by Allegiance Realty Services Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017