113 ARNAU Court
About This Property
architecture. Nestled among hundred-year-old live oak trees and dozens of mature palms, the property
is the essence of nature and privacy. The home, located on a large corner quiet cul-de-sac lot, overlooks
a natural lake with dramatic views of Palencia's 18 th fairway and preserves. The sunset views are
spectacular!
This five flex bedroom 4343 sq. ft. with 170 sq. ft. of additional controlled storage includes three full and
two half baths. The property offers a multi-generational wing with separate entrance along with an
upstairs Murphy Bed Bookcase wall, private balcony, and controlled wine loft adjacent to a wine tasting
room. The first-floor open concept floorplan features a study, dining room with wet bar, large gourmet
kitchen, and breakfast nook opening into the family room with a fireplace and vaulted Ceilings. French Doors take you easily out to the large lanai complete with pool, jacuzzi, outdoor kitchen, dining and relaxation area. With windows and closets galore, don't miss out on this elegant home!
Features:
*Home built to Miami hurricane standards and includes impact glass windows and high wind roof, generator, and fiber cement siding;
* Mostly 12' and vaulted beam ceilings throughout home;
*Over-sized three car garage with adjacent fenced back dog or herb garden area;
*Circular paver drive on private corner lot;
*Deep well pump for multi-zone irrigation system and pool;
*Security system with cameras;
*Lakeside patio with pergola, dining and fire pit;
*Solar headed pool with separate jet spa;
*Tankless water heater, softener and filter;
*Enclosed utility fencing and herb garden;
*Abundant built-ins and sculptured moldings;
*Murphy Bed Bookcase wall;
*Eleven ceiling fans;
*Central vac-system;
*Jacuzzi tub and walk in shower in Primary Bath;
*Two large three-tiered closets in Primary Bedroom;
*Abundant closets and storage areas;
*Pre-wired for surround sound and lanai speakers;
*Entertainment spaces abound;
*Safe in storage area
*Switches in wall lighting for paintings;
Appliances:
*Refrigerator plus five smaller units inclusive of wine refrigerators, Advantium Microwave with wall-oven, gas cooktop, dishwasher, washer and dryer
*Optional-lanai and lakeside furniture negotiable
*Family room draperies excluded
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Cap Rate Calculator
What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Price Decreased |
$1,880,900
↓ $99K
(5%) | |
| Price Decreased | |||
| Aug 18, 2024 | Listed by EXP REALTY LLC | $1,979,900 | |
| Listed by EXP REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017