TWO RESIDENCES | 4,277 SF UNDER AIR | 1.32 ACRES | NO HOA. Built in
2018, this custom PBCE estate offers a 3,277 SF main residence PLUS
a fully detached 1,000 SF guest residence. Features include 5
bedrooms, 5.5 baths, den, chef's kitchen, en-suite bedrooms, full
impact protection, heated pool & spa, outdoor kitchen, 4-car garage
capacity & RV/boat parking. The guest residence features its own
full kitchen, living room, bedroom, bath, laundry, private
entrance, screened patio & garage. Beautifully landscaped &
irrigated 1.32-acre corner lot with all paved roads, oversized
concrete circular driveway, custom landscape lighting and
exceptional privacy. Close to highly rated Palm Beach Gardens
schools and EVERYTHING! This property is one you MUST see!
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.
New Construction home located in the sought after Palm Beach Country Estates! This custom home sits on 1.32 acres and as plenty of room for entertaining family and friends! The custom built pool and large outdoor space is perfect for the year round weather south Florida has to offer!
Feb 15, 2019
Price Decreased
$1,099,000
↓ $51K
(4.4%)
Price Decreased
Nov 3, 2018
No longer available
-
No longer available
Nov 1, 2018
Listed
$1,150,000
Listed
Stunning new construction home located in the sought after Palm Beach Country Estates! Beautiful corner lot situated on 1.32 acres. Four HUGE bedrooms with their own en-suites (custom built in closets), as well as a den/office, custom pool, summer kitchen and more. This desirable home has it all! The manager has listed the unit size as 3277 square feet.
Interior Features: Breakfast Bar, Built-in Features, Entrance Foyer, High Ceilings, Pantry, Soaking Tub, Vaulted Ceiling(s), Bar, Walk-In Closet(s), BedroomOnMainLevel, BreakfastArea, Bathtub, ClosetCabinetry, DualSinks, JettedTub, KitchenDiningCombo, MainLevelPrimary, SittingAreaInPrimary, SplitBedrooms, SeparateShower, InstantHotWater
Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Free-Standing Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Tankless Water Heater, Water Heater, Wine Refrigerator, Washer
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