8735 Thornbrook Terrace Point
About This Property
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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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | Listed by Keller Williams Realty Boca Raton | $1,599,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
| | |||
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This stunning 5-bedroom, 5.1-bathroom home is nestled on a quiet cul-de-sac in the luxurious Canyon Isles community. It stands out as not only the best-priced home on the market in the area but also one that matches the amazing vibes of true Florida living. As you step inside, you are greeted by soaring ceilings and porcelain wood-like tiles. The dining room reveals a custom wet bar, while the kitchen showcases white wood cabinets and a spacious custom center island topped with quartz counters and stainless steel appliances. The family room opens to a private backyard featuring a heated pool and spa. Recent servicing ensures the air conditioning units are in prime condition, and accordion shutters provide storm protection during inclement weather. Upstairs, laminate wood floors lead you to the expansive primary suite, complete with a separate sitting room. The primary bath offers a Jacuzzi tub and wood cabinets. Additionally, there are three spacious guest rooms, each with private en-suite baths, and a loft that opens to a balcony overlooking the property. Situated in one of Palm Beach County's premier clubhouse communities, this home is within walking distance of excellent schools, shopping, and Canyon District Park. Don't miss this chance to experience luxury living in a highly desirable area!
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| Nov 3, 2021 | Sold | ||
| Sold | |||
| Jul 27, 2021 | Listed by RE/MAX Direct | $1,485,000 | |
| Listed by RE/MAX Direct | |||
| Jun 3, 2016 | Sold | ||
| Sold | |||
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About Canyon Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017