21
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991 NE 3rd Avenue
About This Property
(Photos in this listing were taken from a similar spec home next door and was built by the same builder.)
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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.
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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 |
|---|---|---|---|
| May 23, 2023 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by Lenson Realty Inc. | $4,399,000 | |
| Listed by Lenson Realty Inc. | |||
| Nov 20, 2021 | No longer available | - | |
| No longer available | |||
| Oct 2, 2021 | Listed by Lenson Realty Inc. | $3,750,000 | |
| Listed by Lenson Realty Inc. | |||
| | |||
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Brand New Construction Estate located in the hottest neighborhood in Boca. If you're looking for Royal Palm finishes with Golden Triangle pricing, this house is for you. Steel open riser stairs, Club room buildout, his and hers master bathroom suite, custom backlit ceiling details, resort-style pool deck with gazebo, 3-car garage. Built by one of Boca Raton's premier custom home builders, Beach to Bay Custom Builders. Completion Summer 2022. Another Fawn Valley Quality Development. The manager has listed the unit size as 5052 square feet.
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| Jun 9, 2021 | Sold | ||
| Sold | |||
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About Boca Villas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017