880 NE 3RD Avenue
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%.
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 |
|---|---|---|---|
| May 20, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Price Decreased |
$5,950,000
↓ $49K
(0.8%) | |
| Price Decreased | |||
| May 30, 2025 | Price Decreased |
$5,999,000
↓ $251K
(4%) | |
| Price Decreased | |||
| Mar 24, 2025 | Listed by Compass Florida LLC | $6,250,000 | |
| Listed by Compass Florida LLC | |||
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Introducing 880 Boca, the new pinnacle of luxury living. This extraordinary residence, developed by Zatos Investments, designed by the award-winning Affiniti Architects, and brought to life by Albanese & Sons Builders, sets a new standard for opulence in the heart of East Boca. Situated just behind Mizner Park and only a mile from the beach, this prestigious location in Boca Villas offers residents unmatched access to Boca Raton's finest shopping, dining, and entertainment. With 5,502 sq. ft. of meticulously crafted living space, this masterpiece features 5 spacious bedrooms, 6 full bathrooms, and 1 half bath, blending timeless elegance with modern functionality. Every inch of this home is designed with a seamless balance of tranquility and urban sophistication. Experience the ultimate in luxury and comfort, where attention to detail, design, and craftsmanship converge in perfect harmony. 880 Boca is more than just a homeit's a lifestyle, offering the very best of both privacy and proximity to the vibrant pulse of East Boca. This is the modern dream home you've been waiting for
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About Boca Villas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017