For Sale
$345,000
11190 Stonybrook Lane, Boynton Beach, FL 33437
Residential, Boynton Beach, FL
Property Size1,839 SF
Lot Size0.14 Acres
Price / SF$187.60
Days on Market25
Property Features for 11190 Stonybrook Lane
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
RS
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Dining Room, Bathroom 2, Bathroom 1
Parking
6
Parking features
Open, Garage, Driveway, Garage - Attached
Security features
Security
Window features
Double Pane Windows, Blinds
Patio and Porch features
Patio, Porch
Pets allowed
Dogs OK, Yes, Cats OK
Interior features
Bedroom Layout - Split, Cathedral Ceiling(s), High Ceilings, Storage, Walk-In Closet(s)
Exterior features
Courtyard
Appliances
Electric Water Heater, Freezer, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Heater
Subdivision
OAKMONT AT INDIAN SPRINGS
Lot features
Landscaped, On Golf Course
View
Golf Course
Elementary school
Hagen Road
Middle school
Carver Community
High school
Boynton Beach
Directions
Take I 95 to Woolbright exit; then left to go West. Indian Spring Gate 1 is on Eastbound side of Woolbright Rd, just West of Military Tr. After gate take the 1st left onto Stonybrook Drive, then the 2nd left onto Stonybrook Lane; 11190 will be on right.
Standard status
Active
APN
00424535130000031
Size
1,839 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OAKMONT AT INDIAN SPRINGS LT 3A
Tax Annual Amount
2198
HOA Fee
$265 Monthly
Legal Description
OAKMONT AT INDIAN SPRINGS LT 3A
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Ceiling Fan(s), Central Air
Building Details
Year built
1982
Floors in Building
1
Flooring type
Tile, Tile - Ceramic
Building materials
Attic/Crawl Hatchway(s) Insulated, CBS, Stucco
Roof type
Tile
Architectural style
Mediterranean, Ranch
Additional Structures
Storage
Listing Agency:
Century 21 Stein Posner · Century 21 Real Estate
(561) 756-9945
Listed By:
Regina Keating · License #3424391
(954) 205-6559
Added: Aug 18
Changed: Sep 11
Last Checked: Sep 11 at 4:06PM
MLS# B26065613
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,283
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$565,660
$565.7K
Cap Rate 7%
$404,043
$404.0K
Cap Rate 9%
$314,256
$314.3K
Market Conditions
NOI Build-Up for 1,839 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$53.8K $29.28/SF
− Vacancy
−$2.4K −$1.32/SF
EGI
$51.4K $27.96/SF
− OpEx
−$23.1K −$12.58/SF
NOI
$28.3K $15.38/SF
Area
Palm Beach County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$565,660
Cap Rate 7%
$404,043
Cap Rate 9%
$314,256
Alternative Uses
Best Use
Apartment 5plus
$404.0K
$353.5K – $471.4K
NOI $28,283 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,659 @ 7.0% cap · market cap 26.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Explore this area
Business Placement
Demographics for 33437, FL
36,889
Population
21,809
Households
1.7
Avg Household Size
68
Median Age
48%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,416
Density / Sq Mi
$78,941
Median Household Income
$44,414
Median Earnings
$1,968
Median Rent
$391,000
Median Home Value
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Frequently Asked Questions
Where is this single family property located?
The property is located at 11190 Stonybrook Lane Boynton Beach, FL.
What is the asking price?
The asking price for this property is $345,000.
