Ranch home in 1338 Cypress Way Boca Raton, FL
A Ranch home in Boca Raton, FL, it offers 3 bedrooms and 2 bathrooms across 1,911 square feet. The Ranch styling carries through the home's design.
| Price | $1,999,000 |
|---|
| Beds | 3 |
|---|
| Baths | 2 |
|---|
| Sqft | 1911 |
|---|
| Architectural style | Ranch (68% match) |
|---|
| Address | 1338 Cypress Way Boca Raton, FL 33486 |
|---|
Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $2M, this home is 139% above the $835K median for 96 similar Ranch homes in Boca Raton, FL.
- That works out to $1046 per square foot, 143% above the $431 comparable rate.
- On the market 11 days.
| This home | $1,999,000 |
|---|
| Ranch median in Boca Raton, FL | $835,000 (96 homes) |
|---|
| Price per sq ft | $1,046 vs. $431 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $13,207/month with 20% down at a 7.28% 30-year fixed rate. You would need about $566,034 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $10,942/mo |
|---|
| Property tax (new-buyer reassessed rate) | $1,516/mo |
|---|
| Homeowners insurance | $750/mo |
|---|
| Total monthly | $13,207/mo |
|---|
| Down payment (20%) | $399,800 |
|---|
| Income needed | $566,034/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B+ (76 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B+ (76/100) |
|---|
| Beats renting in | 38% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $1,218,581 |
|---|
| Range (10th to 90th pct) | $782,373 to $1,729,648 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Movoto