52
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827 South Road
About This Property
Step outside to your private backyard oasis featuring a heated pool and spa, artificial turf for easy maintenance, an outdoor kitchen, and shower. The highlight is a 50-foot private deeded dock with a 10,000 lb lift and floating dock for your jet ski and kayak. With deep water access, no fixed bridges, and proximity to the Boynton Inlet and waterfront restaurant this home is perfect for boating enthusiasts. Wood flooring and travertine tile. As you step outside to your own private backyard oasis you are greeted with a heated pool and spa, artificial turf grass for easy maintenance, outdoor kitchen, outdoor shower AND to put the cherry on top - 50 foot of your own private deeded dock with the potential of 50' by 15' of space to park your boat. Dock currently has a 10,000lb lift for your larger boat and a floating dock for your jet ski and kayak. Deep water, no fixed bridges and just minutes to the Boynton Inlet or any of the nearby waterfront restaurant's. With the downtown Boynton Beach redevelopment now under way starting with beautification of Boynton Blvd. and hundreds of millions of dollars in development breaking ground right down the road in downtown, now might be your last chance to get into this growing community. Schedule your private tour today!
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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 |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Jan 18, 2025 | Price Decreased |
$1,590,000
↓ $100K
(5.9%) | |
| Price Decreased | |||
| Nov 15, 2024 | Price Increased |
$1,690,000
↑ $100K
(6.3%) | |
| Price Increased | |||
| Aug 16, 2024 | Listed by Coldwell Banker | $1,590,000 | |
| Listed by Coldwell Banker | |||
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About Harbor Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017