2098 SW Trailside Path
About This Property
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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%.
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 |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Price Decreased |
$6,495,000
↓ $500K
(7.2%) | |
| Price Decreased | |||
| Mar 15, 2025 | Price Decreased |
$6,995,000
↓ $500K
(6.7%) | |
| Price Decreased | |||
| Jan 6, 2025 | Listed by Frankel Ball Realty LLC | $7,495,000 | |
| Listed by Frankel Ball Realty LLC | |||
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Welcome to the ultimate luxury retreat in Trailside, Hobe Sound—an exclusive gated community featuring just 41 sprawling estates. This stunning 2019-built, one-story custom home is a masterpiece, blending elegance, comfort, and off-the-grid sustainability. As the personal residence of one of South Florida's top custom home builders, no expense was spared in crafting this sanctuary. Boasting four spacious bedrooms, 4.2 lavish baths, and a four-car garage, this residence is designed for those who seek the finest in both style and function. The gourmet kitchen is a chef's dream, outfitted with Sub-Zero and Wolf appliances, exquisite quartzite countertops, and custom wood cabinetry that radiates sophistication. (See More) Every inch of this home is meticulously appointed with high-end finishes, motorized window treatments, custom lighting, impact windows and doors, and concrete block construction topped with a standing seam metal roof for unmatched durability and peace of mind.
Beyond its beauty, this property is a marvel of energy efficiency. A state-of-the-art solar farm and whole-house generator ensure uninterrupted, eco-friendly living. The property also features underground GIGABIT FIBER internet. Not satellite, not cable, and not above ground! Outdoors, relax by the heated swimming pool and spa, all set against the backdrop of two serene private lakes.
And that's not all, this estate also features a nearly 2,000-square-foot guest house with two bedrooms, two baths, and a two-car garage. For equestrian enthusiasts, the fully-equipped barn includes an air-conditioned office, tack room, wash stall, equipment room, and modern horse stalls with private paddocks. The barn can easily be converted to an equipment barn for those not interested in horses.
This property's sustainable features are unmatched, from its top-of-the-line water filtration system and deep well, ensuring self-sufficiency. Whether you're looking for luxury, privacy, or a ranch that lets you live off the grid, this property offers it all.
Don't miss your chance to own a slice of paradise in Hobe Sound!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017