2494 SE Ranch Acres Circle
About This Property
Quality: The 2-story custom home has 12,347 SF of living space with a total of 6 bedrooms and 8½ baths, including the 3,649 SF guest house. The first thing you'll notice as you enter the home, is the high quality solid oak 9ft double doors. Just as impressive are the polished marble floors throughout the living areas on the 1st floor. The living room, family room, gourmet kitchen, dining room and office/library all have beautiful views of the outdoor pool and natural areas. A grand double staircase made from Brazilian redwood leads to the 2nd floor and serves as the main focal point....Cont The upstairs master suite includes a sitting area, his and hers built-in custom closets, a fireplace and a large en-suite bathroom with an over-sized jacuzzi tub. A balcony off the master suite provides picturesque views of the lake and preserve. Also, on the 2nd floor there are two additional bedrooms with en-suites, a home theater that seats 8, and an exercise room. Each room on the 2nd floor has its own thermostat. Hardwood floors are throughout the 2nd floor and guest house.
Some of the features you don't see, but illustrate the high quality and thoughtful planning of the home is the energy efficient Icynene insulation in the roof. That same quality on the interior carries through to the outside. For example, there is a retaining wall around the pool deck of the 55' resort style heated pool, and the superior construction of the roof.
Privacy: Ranch Colony is a unique community encompassing 1500 acres, located 4 miles west of I-95 and the Florida Turnpike. There are five unique communities within ranch Colony and 257 homesites (see documents for a complete description of Ranch Colony). Ranch Acres is one of the 5 communities that has 5 to 9 acre lots. This home is set back from the road with a winding driveway and has its own private gate. This peaceful and secluded lot on a lake borders on a large preserve. Breath taking views of the property can be seen from any of the 3 balconies.
Security: Ranch Colony is a gated community with 24/7 manned security. In addition, there is an electric gate at the entrance of the driveway, as well as an alarm system in the home. All windows and doors have impact glass and there is a generator to provide power in the home in the event of a storm. You will not find a more secure home or community.
Payment Calculator
Your Estimated Monthly Payment
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 18, 2021 | Sold | ||
| Sold | |||
| Jun 1, 2019 | Listed by One Sotheby's International Re | $3,800,000 | |
| Listed by One Sotheby's International Re | |||
| May 18, 2019 | No longer available | - | |
| No longer available | |||
| Jan 28, 2019 | Price Decreased |
$3,790,000
↓ $50K
(1.3%) | |
| Price Decreased | |||
| Oct 25, 2018 | Listed | $3,840,000 | |
| Listed | |||
| | |||
|
Palatio Centum Palmas ( Palace of One Hundred Palms) has 7.6 private, peaceful & pristine acreage bordering thousands more of preserve, in gated Ranch Colony. Custom Estate which falls just under 12,000 sq ft of living areas including a 3 bedroom guest house adjoined by a 2nd story bridge. Main residence features Master suite w amenities incl 3 fireplaces, his and her offices, double stairwell, formal living areas as well as informal, gourmet kitchen, media room, fitness center, guest rooms, all opening out to views of the grounds, summer kitchen with outdr fireplace and a resort style heated 55' pool with island and whirlpool. Guest house has 2 living areas and 3 more bedrooms. Privately gated. This home comes fully furnished with certain decor that does not convey: see more remarks The manager has listed the unit size as 11231 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017