9187 Redonda Drive
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Apr 19, 2025 | Price Decreased |
$2,995,000
↓ $300K
(9.1%) | |
| Price Decreased | |||
| Apr 2, 2025 | Listed by The Keyes Company | $3,295,000 | |
| Listed by The Keyes Company | |||
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Experience resort-style living in this meticulously crafted oasis! Nestled within the prestigious gated community in Boca Raton. Discover unparalleled luxury and privacy in this lakefront masterpiece next to a nature preserve setting. Step inside to explore the fully appointed showcase former builder model, now elevated to new heights of perfection. Indulge in ultimate relaxation within your own saltwater pool and spa. Gas flame lamps create a captivating ambiance, while a commercial-grade tiki bar beckons for leisurely evenings. State of the Art Movie Theatre, first floor master suite, library, top of the line appliances include a Sub-Zero, Wolfe, Asko, and Alfresco. State of the art waterfall feature comes off the roof of home. Full mosquito system that sprays every evening. Hotel Aroma via the HVAC system. Generator for house. Custom Tike Hit includes wine cooler, dishwasher, ice maker, 3 different types of grills, full bar set up for the entertainer. Wine cellar located in dining room. Fireplace in master bath over looking tub. Overflowing with incredible features. Clubhouse, restaurant, gym, spa, tennis courts, playground, resort-style community pool. This residence exceeds all expectations. Must see first class lifestyle.
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| Feb 24, 2023 | Sold | ||
| Sold | |||
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About Oaks at Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017