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970 Lago Mar Lane
About This Property
The home unfolds across three thoughtfully designed levels, with the primary bedroom and office conveniently located on the second floor. This arrangement provides a spacious yet intimate layout, perfectly balancing peaceful retreat with gracious entertaining. With four generously sized bedrooms, a centralized loft/den, and a large versatile office that can easily serve as a fifth bedroom, this home provides ample room for every need. An elevator enhances accessibility, ensuring effortless movement between the levels for residents and guests alike.
At the heart of the home is a gourmet kitchen, outfitted with top-tier Thermador appliances, ideal for both casual cooking and more elaborate culinary endeavors. The adjoining dining area serves as a perfect setting for shared meals and conversation, while the flow from the kitchen to the living spaces creates an effortless transition for both everyday living and entertaining.
The outdoor living spaces are nothing short of extraordinary, offering a harmonious blend of luxury and natural beauty. A shimmering pool and spa, complemented by a covered patio with an inviting lounge area, creates an idyllic setting for relaxation and informal gatherings. Set against the lush natural landscape and bordering Boca Raton's Ocean Strand Park, this residence enjoys a rare combination of privacy and seclusion, while the tranquil sound of the ocean is always within reach.
Designed for both luxury and practicality, this property includes thoughtful features such as a full-home generator and tankless water heater for efficiency and peace of mind. A two-car garage, with an additional car lift, offers space for extra storage or a third vehicle.
For those seeking the ultimate coastal lifestyle, private beach access is just moments from your door. Whether enjoying the serene beauty of the South Florida coastline or watching the sun dip below the horizon, the connection to nature is truly unparalleled.
970 Lago Mar Lane is more than just a home; it is a sanctuary where every detail elevates your living experience. Here, luxury is not only found in the exquisite details and finishes but also in the peaceful moments that unfold in this extraordinary coastal retreat.
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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.
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About Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017