55
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8216 Marsala Way
About This Property
Wake up to gorgeous lake views from your primary master suite which feels so private. Black out blinds help with a good night's rest as well. Plenty of space in the bay window creates a nice sitting room, ideal for reading a book. There is so much storage in this model, including 2 walk-in closets fully outfitted in the master. After a day of tennis with your new Venetian Isles friends relax in your jacuzzi tub or jetted shower.
The beautiful split plan offers 3 bedrooms plus a den. One guest bedroom is en-suite which also includes a spa shower. There is plenty of room to add a closet to the den to create a 4th bedroom. Laundry room is ideal with tons of cabinets, laundry sink and a large counter which is great for folding laundry.
Garage offers extra storage as well with 2 large storage closets which is hard to find. Other notable features include Accordion shutters, tons of hi hats, intercom, gutters, front screened in entry, 2017 AC, garage window and so much more.
The newly renovated club will be opening in a few months which will raise the bar to another level. Once complete the Venetian Isles clubhouse will feature a Cafe and a full service bar. The free-standing fitness facility is state-of-the-art and has recently opened. Other amenities include arts & crafts room, card rooms, billiard room, computer room, Har-tru tennis courts, pickleball, bocce ball, shuffleboard, Resort style pool & resistance pool. The HOA includes all amenities, 24 hr. guard gate, common area maintenance, lawn maintenance, cable, internet, alarm monitoring & irrigation.
This move in ready home is ready to close quickly and is ideally located in western Boynton Beach, close to turnpike, tons of shopping including Canyon Town Center, restaurants, and an abundance of medical facilities. Do not delay on this one!
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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 |
|---|---|---|---|
| Mar 1, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2022 | Listed by Berkshire Hathaway Florida Realty | $550,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Jun 7, 2021 | Sold | ||
| Sold | |||
| Mar 27, 2021 | Listed by Berkshire Hathaway Florida Realty | $435,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Feb 11, 2003 | Sold | ||
| Sold | |||
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About Melrose
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Address: 335 Madison Avenue, New York, NY 10017