Mediterranean home in Boca Raton, FL
A Mediterranean home in Boca Raton, FL, it offers 4 bedrooms and 3.5 bathrooms across 3,682 square feet. The Mediterranean styling carries through the home's design.
| Price | $3,890,000 |
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| Beds | 4 |
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| Baths | 3.5 |
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| Sqft | 3682 |
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| Architectural style | Mediterranean (43% match) |
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| Address | 398 NE 8th Street, Boca Raton, FL 33432 |
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Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $3.9M, this home is 199% above the $1.3M median for 372 similar Mediterranean homes in Boca Raton, FL.
- That works out to $1056 per square foot, 141% above the $439 comparable rate.
- On the market 19 days.
| This home | $3,890,000 |
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| Mediterranean median in Boca Raton, FL | $1,300,000 (372 homes) |
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| Price per sq ft | $1,056 vs. $439 comps median |
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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 $25,701/month with 20% down at a 7.28% 30-year fixed rate. You would need about $1,101,487 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $21,293/mo |
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| Property tax (new-buyer reassessed rate) | $2,950/mo |
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| Homeowners insurance | $1,459/mo |
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| Total monthly | $25,701/mo |
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| Down payment (20%) | $778,000 |
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| Income needed | $1,101,487/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (73 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 (73/100) |
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| Beats renting in | 33% of modeled paths |
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| Modeled 5-yr equity (median) | $2,285,539 |
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| Range (10th to 90th pct) | $1,449,880 to $3,258,347 |
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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 Trulia