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Map
20638 Simone Drive
About This Property
7 acres of lush land, perfect for farming, gardening, or ranching
- Secluded and peaceful setting, away from the hustle and bustle of city life
- Abundant wildlife and natural beauty, with plenty of trees and greenery
- Ideal for those seeking a tranquil retreat or a chance to live off the land
- Close proximity to Loxahatchee's charming town center and amenities
*Imagine:*- Waking up to the sweet songs of birds and the gentle rustle of leaves. Spending your days tending to your garden or farm, surrounded by nature's beauty. Enjoying the peace and quiet, with no noise pollution to disturb your tranquility.- Watching the sunset and feeling grateful for this little slice of heave
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Cap Rate Calculator
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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| May 17, 2024 | Listed by Highlight Realty Corp | $555,000 | |
| Listed by Highlight Realty Corp | |||
| Mar 28, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2022 | Listed by Beycome of Florida LLC | $545,000 | |
| Listed by Beycome of Florida LLC | |||
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7.06 ACRES In SANTA ROSA GROVES, LOXAHATCHEE FL. EQUESTRIAN PROPERTY. WELL ON PROPERTY, CANAL ON BOTH SIDES OF PROPERTY, PARTIALLY CLEARED, FENCED, AND METAL GATE. GREAT FOR A NURSERY, EQUESTRIANS OR BUILD YOUR SPACIOUS DREAM HOME. JUST 10 MINUTES WEST OF LOXAHATCHEE AND WEST LAKE THE NEW UP-AND-COMING WESTERN COMMUNITY OF PALM BEACH COUNTY. DO NOT MISS OUT ON THIS GREAT OPPORTUNITY.
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| May 19, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017