46
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2121 Chagall Circle
About This Property
Step inside and be greeted by the grandeur of a brand new roof, installed in 2024 to ensure not just the structural integrity but also the peace of mind for its discerning owner, easily insurable for added comfort. The two new air conditioners, thoughtfully integrated in 2022, provide efficient cooling, complemented by the alluring impact windows and sliders, installed the same year, for enhanced security and energy efficiency.
The interior of this abode is a harmonious blend of luxury and timelessness, with solid wood European oak floors elegantly gracing the space (2022). The kitchen and bathrooms underwent a tasteful remodel in 2020, offering modern amenities and stylish finishes that elevate the home's aesthetic appeal. The garage floors, finished with epoxy in 2022, not only add durability but also enhance the overall allure of the space.
With soaring vaulted ceilings that create an ambiance of spaciousness, the formal living and dining rooms beckon guests to revel in their elegant charm. Meanwhile, the spacious family room, complete with a built-in bar and wine cooler installed in 2022, provides a cozy retreat for relaxation and entertainment.
Outside, the meticulously designed landscaping lighting (2022) accentuates the home's curb appeal, elevating it to a truly exceptional abode that beckons you to call it home. The two-car garage offers ample parking and storage space, ensuring convenience and functionality for your everyday needs.
Located in a prestigious gated community, this property not only offers security and privacy but also unrivaled convenience. Within a mere 10-15 minutes, you can find yourself in downtown, at Palm Beach International Airport (PBI), or on the coveted Palm Beach Island, making it a residence that seamlessly blends luxury with practicality.
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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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by Sterling Real Estate Group LLC | $849,900 | |
| Listed by Sterling Real Estate Group LLC | |||
| May 20, 2022 | Sold | ||
| Sold | |||
| Mar 16, 2022 | Listed by Sterling Real Estate Group LLC | $679,999 | |
| Listed by Sterling Real Estate Group LLC | |||
| Jul 28, 2008 | Sold | ||
| Sold | |||
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About Villages of Palm Beach Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017