17070 Rainbow Falls Trl Boca Raton, FL 33496

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5 beds · 5 baths · 5,315 sq ft · Lot Size: 7,889 sq ft · Single Family Home
Est. Property Value: $2,650,052

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17070 Rainbow Falls Trl is in the 33496 neighborhood of Boca Raton, FL. It is located in Palm Beach County and ZIP code 33496. This Single Family Home was built in 2022 and is approximately 3 years old. The single family home spans 5315 sq ft with 5 bedrooms and 5 bathrooms and sits on a 7889 sq ft lot. According to public records, it was last sold in 2022 for $1,312,212 and has a tax-assessed value of $1,409,618, which is $499 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 17070 Rainbow Falls Trl Boca Raton, FL 33496 with Property Intel by Whitepages.

17070 Rainbow Falls Trl

Boca Raton, FL 33496

Owner Info

Owners & Occupancy for 17070 Rainbow Falls Trl

This property is owned by Jonathan I Benzaquen. Owner contact information includes 8 phone numbers.

Property Owners

Cell Phone(310) ***-****View Cell Phone
Residence**************
Landline(310) 203-9934
Distance from Property**********
Cell Phone(310) ***-****View Cell Phone
Residence**************
Landline(818) 225-0599
Distance from Property**********
Email Address*******************@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 54
Resident 2******************* age 46
Resident 3****************

Property Financials for 17070 Rainbow Falls Trl

17070 Rainbow Falls Trl, Boca Raton, FL has no known mortgage. The Palm Beach county assessment for 2023 values it at $1,409,618, with annual taxes of $22,917.

Property Tax

Purchase DateMay 26, 2022
Property Tax Amount$22,917 in 2023
Purchase Price$1,312,212
Assessed Value$1,409,618 on 2023

Investment Potential for 17070 Rainbow Falls Trl

The property has a current estimated value of $2,650,052, which is 13% above the zip median, based on public records. It last sold on May 26, 2022 for $1.31M. Projected long-term
is $32,400 annually ($2,700 per month) with a 82% occupancy rate.

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Long-Term

Gross Rental
$32,400 per year($2,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
82%in 33496 zip code
 
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Property Details for 17070 Rainbow Falls Trl

Property Details

Property Sq Ft

Living Area

5,315 sq ft

27% above market

Lot Size

7,889 sq ft

24% below market

Price Per Sq Ft

Living Area

$499 / sq ft

9% below market

Lot Size Area

$336 / sq ft

51% above market

Property condition, age, exterior, etc. for 17070 Rain…
Longitude: -80.17719 Latitude: 26.422275 Parcel Number (APN): 00-42-46-32-10-000-7150…

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Discover more single family homes near 17070 Rainbow Falls Trl in Boca Raton, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 17070 Rainbow Falls Trl in Palm Beach County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$2,650,052
$514,739
$2,135,313 (415%)
$645,585
$3,626,907 (562%)
YoY Price Change
1.63%
1580%
Year Built
2022
2002
20 years
Living Space
5,315 sq ft
2,420 sq ft
2895 (120%)
$ Per Living Sq Ft
$499
$213
$286 (134%)
Lot Size
7,889 sq ft
10,153 sq ft
-2264 (-22%)
$ Per Lot Sq Ft
$336
$52
$284 (546%)

Net Operating Income
$20,084
-$34,002 (-169%)
Annual Revenue
$32,400
$32,400
$0 (0%)
$13,478
$32,840 (244%)
Net Operating Income
$20,084
-$34,002 (-169%)
Cap Rate
4.24%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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