Welcome to Ponte Vecchio, one of Boynton Beach's premier 55+
communities. This beautifully maintained home offers peace of mind
with a new roof (2023), A/C (2017), water heater (2017), and
accordion shutters throughout. Enjoy year-round Florida living in
the glass-enclosed Florida room overlooking a tranquil koi pond,
creating the perfect setting for morning coffee or evening
relaxation. Residents of Ponte Vecchio enjoy a vibrant
resort-style lifestyle with a renovated clubhouse, resort-style
pool and spa, fitness center, tennis courts, pickleball courts,
bocce, card rooms, billiards, arts & crafts studios, social clubs,
and a full calendar of activities and events. This gated community
offers the perfect blend of recreation, relaxation, and social
living.
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.
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