231 Thatch Palm Drive
About This Property
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | Listed by One Sotheby's International Realty | $11,500,000 | |
| Listed by One Sotheby's International Realty | |||
| | |||
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Located in the prestigious Royal Palm Yacht and Country Club in Boca Raton. This newly renovated Estate boasts 7
bedrooms 9 1/2 bathrooms and a 5-car garage. The living area has been designed to overlook a picturesque
saltwater pool with newly designed landscaping. The master suite has his and her bathrooms with custom closets
and "full-service Toto Toilets Fully integrated Creston smart-home system, full house Culligan Water Filtration
System Alkaline Drinking Water Fountain. Sauna is a few of the resort-style amenities. Architecture By Ames Int. &
Built By National Home Bld. New Roof 2021, All new A/C units 2021, New Full House Generator 2021, All new Pool equipment 2022, all new kitchen cabinets 2023.
| |||
| Nov 16, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by Signature One Luxury Estates LLC | $10,500,000 | |
| Listed by Signature One Luxury Estates LLC | |||
| | |||
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First Floor Features:
Hurricane Impact windows & doors
Imported slab porcelain flooring throughout main living area.
State-of-The Art Chef's Kitchen with custom cabinetry in lacquered finish, Quartzite countertops, Miele appliances, Side by Side Convection ovens, European Gas Cooktop, 48" fully integrated refrigerator & freezer, Walk-In pantry and 12 x 4 island.
Family Room with built in floating cabinetry & imported Mosaics from floor to ceiling.
Club Room with full bar and wine room.
Library Room overlooking Resort Style Pool & Spa.
Huge Formal Living Room that expands into a Music Room. Dining Room with 2 closets for extra storage.
Exquisite Master Suite with His & Hers Bathrooms, Walk-In closets and Vestibule area.
Gym Room with a full size bathroom.
En-suite bedroom with walk-in-closet.
Cabana Bath
Laundry Room
Housekeeper/Maid's en-suite bedroom.
Elevator.
Second Floor Features:
VIP Bedroom Room with Walk-In closet, sitting area, full bathroom that includes tub, separate shower, & Double Sinks along with your own private Balcony.
Large Mechanical Closet.
En-suite (full bath with double sinks, tub and separate shower) Bedroom with Large Walk-In closet.
Jack-N-Jill En-suite Bedrooms 4 & 5.
Man Cave with its own balcony located on the other wing of the second floor.
Exterior Features:
Estate Sits on 2 Lots
5 Car Garage
Summer Kitchen with BBQ
Fireplace, Expanded style pool and infinity spa, over-sized circular driveway
Additional Features:
New Construction
24 Hour Security
Steps from the Boca Raton Beach Resort
Walking Distance to the Beach
One of the Most Luxurious & Exclusive Communities in Boca Raton
Furnished
Within 30 minutes from Ft. Lauderdale & West Palm Beach airports.
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| Mar 6, 2019 | Sold | ||
| Sold | |||
Property Highlights
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About Royal Palm Yacht and Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017