8930 Hidden Acres Drive
About This Property
Canyon Lakes is a guard-gated community located in a top-rated school district surrounded by paved trails. Bike to Sunset Palms Elementary, the new West Boynton Middle School (opening in Fall 2023), or Canyon Town Center in less than 10 minutes. Close to Delray Marketplace and the forthcoming Boynton Beach Marketplace (to include a new Whole Foods) for shopping, dining, and entertainment. Residents of this wonderful community enjoy an array of amenities, including a large clubhouse with fitness center, pool and hot tub, playground, tennis and basketball courts, food trucks, and planned events.
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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 |
|---|---|---|---|
| Jun 12, 2023 | Sold | ||
| Sold | |||
| Mar 26, 2023 | Listed by South Florida Premier Properties Inc | $925,000 | |
| Listed by South Florida Premier Properties Inc | |||
| Dec 30, 2020 | Sold | ||
| Sold | |||
| Oct 28, 2020 | Listed by South Florida Premier Properties Inc | $610,000 | |
| Listed by South Florida Premier Properties Inc | |||
| Oct 23, 2018 | Sold | ||
| Sold | |||
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About Canyon Lakes
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,200 /mo
- 2 Beds
- 2 Baths
- 1,585 ft²
$9,000 /mo
- 3 Beds
- 2 Baths
- 1,633 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017