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8905 Spring Valley Drive
About This Property
This expansive residence offers over 2,800 square feet of living space, featuring 4 bedrooms, 2.5 bathrooms, a private den, and a 3-car garage, with a well-designed floor plan ideal for both entertaining and everyday living. The home features an updated kitchen that flows seamlessly into generous living and dining areas. The east-facing orientation delivers beautiful sunset views over the lake, which can be enjoyed from multiple vantage points, including the balcony overlooking the water and the screened-in patio below. Outdoors, relax in your private heated pool, efficiently warmed by solar panels, creating the perfect setting for year-round enjoyment.
Notable upgrades include a newer roof (2015) and two A/C systems replaced in 2022, offering added peace of mind and energy efficiency.
Le Palais offers a welcoming, family-friendly lifestyle with plenty of outdoor recreation, including a community pool, tennis courts, basketball courts, and planned events throughout the year that foster a true neighborhood feel. Located within an A-rated school district and just minutes from shopping, dining, and everyday conveniences, this home truly has it all.
A rare opportunity to own a spacious lakeside pool home with balcony views in one of Boynton Beach's premier communities.
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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.
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About Tartan Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017