784 Sevilla Drive
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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%.
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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 |
|---|---|---|---|
| May 4, 2020 | Sold | ||
| Sold | |||
| Nov 29, 2019 | Listed by Coldwell Banker | $875,000 | |
| Listed by Coldwell Banker | |||
| Sep 9, 2019 | No longer available | - | |
| No longer available | |||
| May 4, 2019 | Price Decreased |
$875,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Mar 9, 2019 | Listed | $899,000 | |
| Listed | |||
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Steps to the beach and ocean! Stunning remodeled home in beautiful, lushly landscaped Spanish River Land Co of Boca Raton. This 2BD/2Bth residence features an open light filled floor plan, marble flooring throughout, impact glass windows, new baths with glass encased showers, granite counter tops, and raised vanities. The gourmet kitchen features stainless steel gas cook top, convection wall oven, custom wood cabinetry and a granite island with breakfast bar. Expansive master suite boasts a walk-in closet and ensuite bath, complete with a spa tub and glass encased shower. The salt water pool and beautifully maintained yard are perfect for entertaining.This home is surrounded by luxury estate homes and minutes to the Boca Resort, world class shoppes and restaurants and the Deerfield pier. The manager has listed the unit size as 2024 square feet.
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About Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017