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839 Coventry Street
About This Property
Stunning & Majestic Boater's Dream home. 85' Deepwater 5 homes from Direct Intracoastal Waterway in Exclusive East Boca Raton.
This Timeless Mediterranean Estate boasts 4 Bedrooms with 2 Luxurious Master Suite Bedrooms, His & Her Closets, Elegant Marble & Hardwood Flooring throughout, Cathedral Ceilings with charming attention to detail, Formal Dining Room, Grand Family Room, Circular Driveway, 3 Car Garage, Private Gated Property with Fabulous Dock (85ft) for your Yacht and Water Sports. Tropical Summer outdoor kitchen that is designed for entertaining. Freshly Painted Interior and Exterior.
New High Impact Garage Doors and AC units.
No Fixed Bridges with extra wide canal that flows right into the Direct Intra Coastal.
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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%.
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.
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About Bel Marra
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$7,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017