894 BOUNDARY BOULEVARD
About This Property
This beautifully maintained canal-front home offers the ideal blend of comfort, style, and functionality with a fenced backyard, heated swimming pool, and an expansive screened lanai designed for year-round outdoor enjoyment. Relax poolside beneath cooling ceiling fans while enjoying the peaceful canal setting and Florida breezes.
Inside, the thoughtfully designed split floor plan provides privacy for owners and guests alike. The private primary suite is tucked away from three generously sized guest bedrooms, while a convenient pool bath adds functionality for entertaining and outdoor living. Formal living and dining rooms offer elegant gathering spaces, while the spacious family room opens seamlessly to the kitchen, creating the perfect central hub for everyday living and hosting guests. Pocketing sliders from the dining room to the lanai create a wonderful indoor-outdoor flow and an exceptional entertaining space for gatherings with family and friends.
Architectural details add character throughout the home, beginning with the storm-rated double front doors highlighted by a beautiful glass arch transom and a dramatic curved archway leading into the formal living room. Recent updates provide peace of mind, including a 2023 roof replacement and a 2019 AC system. With furnishings and accessories negotiable, this residence presents a rare opportunity to step into a truly move-in-ready Florida lifestyle.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017