$340,000
●
Condo -
Off Market
7930 Laina Lane #2
Boynton Beach, FL 33437
3 Beds
2 Baths
1,375 Ft²
$2,544
Est. Monthly
$593
HOA / Fees
About This Property
Fabulous first floor lake front condo at Grove Village. Nicely
updated with new ceramic tile floors throughout (installed in
2024). Kitchen has granite counter tops and all new stainless steel
appliance. HVAC and hot water tank replace in 2023. Updated ceiling
fans, lighting fixtures and window treatments throughout including
blackened shades in bedrooms. New full size washer and dryer in
2024. New roof in 2023. One car attached garage. Community
amenities at The Grove include: clubhouse, billiards, bocce ball,
fitness center, game room, library, pool, and more with a 24 hour
manned gated security.
Unit Size
1,375 Ft²
Days on Market
109 days
Land Size
-
Price per sqft
$251
Property Type
Condo
Property Taxes
$256
HOA Dues
$593
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Beaches MLS #R11023005)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | Listed by Coldwell Banker/BR | $345,000 | |
| Listed by Coldwell Banker/BR | |||
| | |||
|
Fabulous first floor lake front condo at Grove Village. Nicely updated with new ceramic tile floors throughout (installed in 2024). Kitchen has granite counter tops and all new stainless steel appliance. HVAC and hot water tank replace in 2023. Updated ceiling fans, lighting fixtures and window treatments throughout including blackened shades in bedrooms. New full size washer and dryer in 2024. New roof in 2023. One car attached garage. Community amenities at The Grove include: clubhouse, billiards, bocce ball, fitness center, game room, library, pool, and more with a 24 hour manned gated security.
| |||
| Feb 11, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by Signature Int'l Premier Properties | $310,000 | |
| Listed by Signature Int'l Premier Properties | |||
| | |||
|
DON'T MISS THIS ONE !! Rarely available lakefront, ground floor unit in the resort-style community of The Grove. This 3 bedroom, 2 bath home has been totally renovated with all high-end finishes. You can move right into this neutral décor home. This condo features full accordion shutter protection, a full size laundry room and tons of closet space.
Enjoy the active adult lifestyle of The Grove in their newly renovated, state of the art clubhouse featuring every type of club and activity. Buyer to pay a one-time, non-refundable capital contribution to HOA at closing. SHOWINGS TO BEGIN ON MONDAY 12/20/21 at 1PM. APPOINTMENT ONLY...
| |||
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener, Guest
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Pantry, Walk-In Closet(s), ClosetCabinetry, DualSinks, CustomMirrors, MainLevelPrimary, SplitBedrooms, SeparateShower
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile
Laundry Features: Washer Hookup, Inside
Exterior Details
Has Property Attached
Square Footage: 1375
Security Features: Gated with Guard, Gated Community, Smoke Detector(s)
Property Condition: Resale
Year Built: 1998
Waterfront Features: Lake Front
Building Name: 7930
Building Area Total: 1806
Levels: Multi/Split
Window Features: Metal, SingleHung, Sliding
Construction Materials: Block
Patio and Porch Features: Patio, Screened
Pool Features: Association
Water Source: Public
Financial Details
Tax Annual Amount: $3,073
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Maintenance Grounds, Security
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Fitness Center, Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), BocceCourt, Library, Pickleball, PuttingGreens, Sidewalks
HOA Fee: $593
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2024
|
3 Bed
|
2 Bath
|
1375 ft²
|
$345,000
3 Bed
2 Bath
1375 ft²
|
$340,000
-1.45%
01/09/2025
|
Irene Sofia Marshall
Coldwell Banker/BR
| |
|
05/31/2024
|
3 Bed
|
2 Bath
|
1899 ft²
|
$375,000
3 Bed
2 Bath
1899 ft²
|
-
-
|
Debra Simon
The Keyes Company
| |
|
12/17/2021
|
3 Bed
|
2 Bath
|
1375 ft²
|
$310,000
3 Bed
2 Bath
1375 ft²
|
$290,000
-6.45%
02/11/2022
|
Barbara E Lofaro
Signature Int'l Premier Properties
| |
|
07/15/2021
|
3 Bed
|
2 Bath
|
1840 ft²
|
$285,000
3 Bed
2 Bath
1840 ft²
|
$285,000
10/15/2021
|
Debra Simon
The Keyes Company
| |
|
07/19/2018
|
3 Bed
|
2 Bath
|
1508 ft²
|
-
3 Bed
2 Bath
1508 ft²
|
-
-
|
-
|
Building Info
About Indian Hills
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Listed by: Irene Sofia Marshall
Coldwell Banker/BR
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11023005
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Coldwell Banker/BR
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11023005
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