2640 Danforth Terrace
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 2, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by Keller Williams Realty Boca Raton | $1,195,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
| | |||
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Welcome to your dream home in the heart of Wellington's prestigious Olympia community! This stunning residence offers a perfect blend of luxury, comfort, and entertainment, designed to exceed your expectations.
As you step inside, you'll be greeted by an open floorplan that's ideal for entertaining guests and family gatherings. The spacious living area seamlessly flows into the large kitchen, which overlooks the serene preserve, creating a picturesque backdrop while you cook and entertain.
Travertine marble floors grace the first floor, adding elegance and sophistication to the space. The neutral paint palette throughout ensures a timeless appeal, allowing you to customize the decor to your taste. Step outside to your own private oasis, complete with a saltwater pool featuring a relaxing waterfall and a convenient cabana bathroom, perfect for poolside gatherings and summer parties. Situated on a quiet cul-de-sac street, you'll enjoy peace and tranquility in this desirable location.
The 3-car garage is a car enthusiast's dream, boasting overhead storage, a car vacuum, and a pressure washer, making car maintenance a breeze.
Retreat to the luxurious primary suite, where vaulted ceilings and ample natural light create an inviting atmosphere. The large walk-in closet offers plenty of storage space, while the ensuite bathroom features two expansive vanities, a garden tub, and glass shower. There is also a private balcony, providing a peaceful sanctuary to unwind after a long day.
In addition to its remarkable features, this home offers practicality and convenience with one bedroom conveniently located on the first floor, perfect for guests or multi-generational living. Upstairs, you'll find three spacious guest suites, each with its own private ensuite bathroom, providing comfort and privacy for visiting friends and family. Whether it's hosting guests or giving family members their own space, this home offers versatility to accommodate your lifestyle needs.
Living in Olympia means enjoying resort-style amenities right at your doorstep. Take advantage of the top-rated school district, playground, multiple sports courts, including indoor and outdoor options, and a large pool area with cabanas, hot tub, and splash pad, ensuring endless fun for the whole family.
Conveniently located near shopping, dining, and just a short 20-minute drive to West Palm Airport, this home offers the perfect blend of luxury, comfort, and convenience. Don't miss your chance to make this your forever home! Schedule a viewing today.
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| Aug 24, 2022 | Sold | ||
| Sold | |||
| Jul 1, 2022 | Listed by Gracious Homes Realty, Inc. | $1,175,000 | |
| Listed by Gracious Homes Realty, Inc. | |||
| Aug 27, 2010 | Sold | ||
| Sold | |||
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About Olympia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017