1203 Timber Reap Trail
About This Property
Arden is a carefully planned, masterfully designed community that offers a harmonious blend of urban amenities and a serene, nature-inspired setting. With its prime location in Loxahatchee, Arden provides easy access to major cities like West Palm Beach, while still preserving the tranquility of a rural lifestyle.
Natural Beauty:
Arden is renowned for its lush, sprawling landscapes. The community boasts over 1,200 acres of pristine land, including 20 miles of scenic trails winding through forests, parks, and sparkling lakes. Nature enthusiasts and outdoor lovers will relish in the opportunity to explore the miles of nature trails, perfect for hiking, biking, and bird watching. The centerpiece of Arden is its expansive five-acre lake, offering residents the chance to kayak, fish, or simply relax by the water's edge.
Amenities:
Arden caters to residents of all ages with a plethora of world-class amenities. The central hub of the community is the impressive Club Arden, featuring a state-of-the-art fitness center, a resort-style swimming pool, and a welcoming community center. Additionally, Arden offers a dedicated space for children at the Adventure Playground and a pet-friendly environment at the Bark Park.
Agricultural Inspiration:
What sets Arden apart from other communities is its unique focus on agriculture. Residents can embrace the farm-to-table lifestyle with access to the five-acre working farm, producing a variety of fresh, organic produce year-round. The community also features a barn-style event space, perfect for gatherings and celebrations.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | Listed by United Realty Group Inc. | $699,000 | |
| Listed by United Realty Group Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017