9398 Grand Estates Way
About This Property
The Oaks is a non-equity club community featuring the top tennis facilities, fitness programs for all ages, Including exercise classes, private instructors, resort pool, onsite cafe, basketball courts plus a variety of fun activities & special events for all interests and ages.
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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 |
|---|---|---|---|
| Jan 20, 2021 | Sold | ||
| Sold | |||
| Oct 12, 2020 | Listed by Douglas Elliman | $2,195,000 | |
| Listed by Douglas Elliman | |||
| Sep 18, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $1,650,000 | |
| Listed | |||
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Spectacular 2-Story Lakefront Custom Dream Estate. Incredible Movie Theatre, Library, Club Room, Resort Style Pool and Spa, Summer Kitchen, Gourmet Kitchen, Generator and Impact Glass. Absolute Showplace! See floor plans in document section. The manager has listed the unit size as 6623 square feet.
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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