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9268 Lake Serena Drive
About This Property
Resurface Pool and Spa with Tile upgrade 2020, New Pool pump 2021
Complete New Luxurious Master Bathroom 2022. Updated kitchen 2020. Large Porcelain Tile throughout Main living area 2021. New AC unit 2020. Accordion Shutters and hurricane garage door! Security Cameras with recording monitor. Whole house sound system with stereo equipment. Lush Landscaping!
Boca Landings HOA includes community rec area with Olympic pool, kiddie pool, tot lot, tennis, racquet ball, basketball, pickle ball. Breezeline Fiber optic Cable, voice control, recording, 3 boxes and Wi-Fi. There are sidewalks thru-out neighborhood for walking and biking in safety. Boca Raton Excellent school syst
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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.
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About Boca Landings North
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$7,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017