1455 Lands End Road
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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.
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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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2023 | Listed by The Corcoran Group | $10,250,000 | |
| Listed by The Corcoran Group | |||
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Exquisite 2-story Mediterranean waterfront home in secure, exclusive Manalapan Built by the famed luxury Hampton builder Farrell, this incredible 6,214 SF home has 5/BR and 6.5/BA and provides spectacular views and direct access to the deep, wide water Intracoastal Waterway.
Enter the arched front door into the open floor plan with gorgeous marble and wood flooring and crown molding throughout. The 12ft height living room has an open bar area and wine room and there are custom French doors lead to the outdoor loggia, heated pool, spa, and dock. Many of the home's rooms feature unique tray ceilings, and all have custom crown molding finishes. The Christopher Peacock gourmet kitchen features commercial grade stainless steel appliances, a gas range, a spacious granite counter breakfast bar and center island prep area, a butler's pantry as well as a large in-kitchen dining area. The more private formal dining room with a Schonbek chandelier, is a few steps away and provides guests with lovely views of the lushly landscaped yard.
The large second floor master suite has both a lovely open sitting area with "his & her" walk-in closets, and the master bath has a beautiful view of the intercoastal.
To access the second floor, use either of the two beautiful, stairways or take the elevator to the second master suite as well as the other family and guest bedrooms. The upper master suite features "his & her" master baths, and a walkout deck that overlooks the pool and Intracoastal Waterway. The first floor also has a spacious library/den/office area that provides quiet privacy.
Additional amenities include impact windows and doors, electricity and water hook-up at the dock, no fixed bridges to access the Atlantic Ocean, and a 3-car attached garage with additional storage area,
Manalapan home ownership and residency comes with a gratis membership to the La Coquille Club located in the EAU Hotel, a cherished part of the Manalapan experience. Members are granted access to the club's and hotel's many amenities, including pool, spa, private beach, tennis, golf, a business center, and the fitness and club room. Members are not charged initiation or fees and are billed only for the goods and services enjoyed while at the club with a 10% discount.
Additional advantages to living in Manalapan are the town's private police force, the nearby library, and the lowest property tax base in Palm Beach County. All of this is within a few minutes' drive of some from Palm Beach's best upscale shopping and dining.
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| May 13, 2023 | No longer available | - | |
| No longer available | |||
| Feb 20, 2023 | Listed by beycome | $9,950,000 | |
| Listed by beycome | |||
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Exquisite 2-story Mediterranean waterfront home, with spectacular Intracoastal views and a 112 ft water front on the intracoastal. Open floor plan with French doors leading to outdoor loggia, heated pool, spa and dock. Elervator, high end appliances, finishes, butler's pantry, wood paneled library/den, marble and wood floors, fireplace, Christopher Peacock kitchen, his and hers master baths. The manager has listed the unit size as 6210 square feet.
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| Aug 20, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017