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7796 Mandarin Drive
About This Property
4-bedroom home features volume ceilings, natural light, and an open floor plan perfect for entertaining. The gourmet kitchen boasts stainless steel appliances, quartz countertops, and ample storage. The primary suite offers his-and-her closets and a serene sitting area, while two guest bedrooms share a Jack-and-Jill bath. Relax in the private tropical courtyard or host guests in the detached guest house, which doubles as an office. Hurricane shutters and a full-house generator provide added security and convenience. Club amenities include a clubhouse, fitness center, pool, tennis, pickleball, and padel. Located near fine dining, great shopping, and houses of worship. This home is a ''must see''.
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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.
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 |
|---|---|---|---|
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by Compass Florida LLC | $899,000 | |
| Listed by Compass Florida LLC | |||
| | |||
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Grand one-story courtyard style home with guest house in Boca Grove. This 4-bedroom home features volume ceilings, natural light, and an open floor plan perfect for entertaining. The gourmet kitchen boasts stainless steel appliances, quartz countertops, and ample storage. The primary suite offers his-and-her closets and a serene sitting area, while two guest bedrooms share a Jack-and-Jill bath. Relax in the private tropical courtyard or host guests in the detached guest house, which doubles as an office. Hurricane shutters and a full-house generator provide added security and convenience. Club amenities include a clubhouse, fitness center, pool, tennis, pickleball, and padel. Located near fine dining, great shopping, and houses of worship. This home is a ''must see''.
| |||
| May 10, 2024 | No longer available | - | |
| No longer available | |||
| Apr 29, 2024 | Price Decreased |
$1,150,000
↓ $150K
(11.5%) | |
| Price Decreased | |||
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About Boca Grove Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017