$486,500
●
House -
Off Market
9075 Pine Springs Drive
Boca Raton, FL 33428
3 Beds
2 Baths
1,797 Ft²
$493,799
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Elegant and spacious lakefront home in the exclusive community of
Pine Springs. Come inside and be greeted by spacious living areas,
along with an inviting kitchen. All of the bedrooms are spacious as
well and offer ample closet space. Outside you will enjoy a
beautiful backyard and is located just minutes to the Turnpike,
I-95, Wellington, Boynton Beach, Downtown West Palm Beach, gorgeous
area beaches and 3 international airports. Community is
a well maintained community which offers its residents many resort
style amenities.
Unit Size
1,797 Ft²
Days on Market
98 days
Land Size
0.11 acres
Price per sqft
$273
Property Type
House
Property Taxes
$188
HOA Dues
$160
Year Built
1983
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (Beaches MLS #R10867223)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | Listed by KW Reserve Palm Beach | $490,000 | |
| Listed by KW Reserve Palm Beach | |||
| Feb 8, 2023 | No longer available | - | |
| No longer available | |||
| Oct 19, 2022 | Price Decreased |
$495,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Mar 29, 2022 | Listed by RE/MAX Services | $510,000 | |
| Listed by RE/MAX Services | |||
| | |||
|
Now is your chance to live in the highly sought-after community of Pine Springs! This spacious split bedroom home has gorgeous lake views from the living room and large, air conditioned patio. The double-door entry is on the side of the home and leads to the foyer and nearby eat-in kitchen that features granite counters and wood cabinets with decorative glass inserts. The master bedroom has access to the patio and features a large walk-in closet and ensuite bath with large vanity and step-down shower. The two guest bedrooms are at the front of the house along with the guest bathroom. Other features include a 1 car garage with new washer/dryer (2021), hurricane impact sliders to back yard, kylights in the foyer, living room and guest bath, and Accordian shutters. This home is The manager has listed the unit size as 1797 square feet.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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About Pine Springs
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jeffrey L Tricoli PA
KW Reserve Palm Beach
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10867223
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
KW Reserve Palm Beach
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10867223
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