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8982 Terni Lane
About This Property
Master suite has 2 walk-in closets outfitted from the container store and french door access to patio. Seller spared no expense on the complete master bath renovation. The sleek contemporary design is just breathtaking. The free-standing tub sits on a raised ledge of grey and white river rock with a hi-end Moen stand up floor mounted faucet. White modern cabinets with built-in linen cabinets and quartz counters offer plenty of storage. The shower design is magazine worthy with its dramatic vertical glass tile design, stainless steel hardware and seamless shower enclosure. Guest bath has the same dramatic feel with grey & white shower river rock & top of the line porcelain wall tile and exquisite granite.
There is no carpet in the home, both bedrooms have grey porcelain plank floors and white tile has freshly painted grout lines for easy maintenance. The attention to detail on this home is very impressive including Hunter Douglas roller shades, Hunter Douglas aluminum Reveal blinds with valences, LED lighting thru-out, and new interior door hardware. Other notable upgrades include: 2018 upgraded A/C, 2019 hot water heater, accordion shutters, security lights, full house of gutters & so much more. You don't want to miss this one, it won't last long.
Enjoy the active lifestyle that Ponte Vecchio offers with social hall, media room/library, fitness center, aerobic studio, billiard room, arts and crafts, card rooms, resort style pool, hot tub, tennis courts and pickleball courts. HOA fees cover lawn maintenance, irrigation, alarm monitoring, high speed internet, cable, house painting, roof cleaning, guard gate, common grounds and recreation center.
Conveniently located in Western Boynton Beach close to shopping, restaurants, turnpike and places of worship.
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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 16, 2020 | Sold | ||
| Sold | |||
| Jan 28, 2020 | Listed by Berkshire Hathaway Florida Realty | $390,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| May 22, 2017 | Sold | ||
| Sold | |||
| Jan 16, 2017 | Listed by Berkshire Hathaway Florida Realty | $346,900 | |
| Listed by Berkshire Hathaway Florida Realty | |||
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About Tuscany
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017