16335 Cabernet Drive
About This Property
Gently used as a vacation home with highend decor overlooking the lake 3 built ins and 4 TVs included. Additional extras include Engineered wood floors on steps, upstairs hall and all bedrooms. Custom built stair railings.. Loft area converted to bedroom with closet. Generator 2 1/2 years old and upgraded 2 A/C units. Kitchen includes a larger refrigerator and upgraded trim and under counter lights. Upgraded mirrors and tile to the ceilings in all baths. Plantation shutters in bedrooms. Primary closet with custom built ins. The property has and an extended patio and front walk , fence, and a gas stub for the barbecue.
The homes at Seven Bridges are designed with luxurious finishe The community also offers a range of amenities, including a resort-style pool, clubhouse, fitness center, tennis courts, and a playground for children. The inclusion of a full restaurant is certainly impressive, as it provides residents with a convenient and high-quality dining option without having to leave the community. Additionally, the fact that these amenities are included without the need for a country club membership with annual dues is a significant selling point, as it offers residents the opportunity to enjoy luxurious amenities without any additional costs or fees.
Overall, Seven Bridges is an excellent choice for those seeking a high-end residential community in Delray Beach, with a wide range of amenities that are sure to impress potential buyers. This immaculate and well-priced home, coupled with the luxurious amenities and convenient location, make this community a desirable place to call 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.
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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.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017