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11331 Edgewater Circle
About This Property
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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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Listed by KW Reserve Palm Beach | $949,900 | |
| Listed by KW Reserve Palm Beach | |||
| | |||
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Don't miss out on this incredible opportunity to own an immaculate, move-in ready home.
Nestled in the prestigious Estate section of Grand Isles, this gorgeous 5-bedroom, 3-full-bath home boasts luxurious features throughout. With the master ensuite and an additional full bath and bedroom located on the main floor, convenience meets elegance seamlessly. Enjoy breathtaking lake views from your own backyard paradise, featuring a heated free-form saltwater pool, spa, and waterfall, all enclosed within a fenced yard with lush landscaping and green spaces for play.
The gourmet kitchen is a chef's dream, showcasing stainless steel appliances, upgraded cabinetry, artisan granite countertops and backsplash, an island with a beverage refrigerator, snack bar, secretary desk, and two pantries. Custom built-ins can be found in the family room, loft, and fifth bedroom, adding both style and functionality.
This open and airy home features impressive laminate hardwood flooring and ceramic tile throughout, complemented by volume ceilings and crown molding. Plantation shutters adorn windows as well.
Enhance your lifestyle with a host of impressive additional features, including a central vacuum system for effortless cleaning, full home intercom system, defender motorized magnatrack hurricane screens for peace of mind during storm seasons, and a new roof installed in November 2021 for added durability and curb appeal.
Experience convenience and efficiency with a fully automated Rain Bird sprinkler system, which cleverly draws water from the lake to keep your landscaping lush and vibrant. The home is also equipped with modern amenities such as a new i-aqualink 2.0 pool automation system & new Jendy variable speed pump, multi-color LED pool lights and Hayward salt chlorination system, ensuring crystal-clear water and low maintenance for your pool.
Stay comfortable year-round with a Hayward pool heat pump and 2015 AC systems featuring UV lights and surge protectors, while new hot water heater provide ample hot water whenever you need it. For added security, the home boasts external Ring cameras and an ADT interior security system, offering peace of mind whether you're home or away.
Plus, never worry about power outages with the included Champion dual fuel 9000 portable generator, ensuring your home stays powered and functional even during emergencies. These exceptional features elevate the comfort, convenience, and security of your new home to unmatched levels.
Residents of Grand Isles enjoy access to a clubhouse with an exercise room, pool, spa/hot tub, tennis courts, game room, and basketball court. Plus, with close proximity to Wellington's top-rated schools, the Wellington Green Mall, restaurants, equestrian activities, PBI Airport, Okeeheelee Park, and beaches, along with a low HOA fee, this home truly offers the best of South Florida living.
Schedule your showing today and seize the opportunity to make this your dream home!
| |||
| Apr 7, 2017 | Sold | ||
| Sold | |||
| Feb 1, 2017 | Listed by Berkshire Hathaway Florida Realty | $509,900 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Feb 1, 2017 | Sold | ||
| Sold | |||
Property Highlights
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About Orange Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017