11351 Timberlodge Terrace
About This Property
Situated in a quiet, relaxed community, renowned for its great schools. This home is an entertainers dream, with an open split floor plan, where you can entertain your guests in the expansive living and dining area next to the formal dining room with a temperature controlled wine closet. The kitchen was upgraded with granite counter-tops and stainless steel appliances, which includes two ovens. This home includes 2 very large master suites, each opening on to the pool area, with 2 other ample bedrooms, and a huge office/5th bedroom. Each of the 4 and a half bathrooms has been tastefully remodeled, and the home features quality tile and hardwood flooring throughout. There is an epic traditional English library, custom built with high quality materials and finishes. Adding even more value, this home has an huge 3 car garage, with parking for 10 more cars on the drive, and space on the property for a tennis / basketball court, making this the best value large property in West Boca Raton. Newer 5 zone air conditioning, impact windows and doors throughout, recently re-finished pool, newer roof, electronic screened lanai and security system. House has a generator with a 1000 gallon propane tank which also supplies the outdoor grill.
We invite you to tour this gem. One of the few homes in West Boca boasting over 7200 sq ft., priced competitively dollar per square feet and situated in a great school district. All custom built-ins remain. A must see beautiful home.
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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%.
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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.
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About Ponderosa
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$5,895 /mo
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$4,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017