2640 Tecumseh Drive
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%.
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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.
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 |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | No longer available | - | |
| No longer available | |||
| May 2, 2024 | Listed by Village Realty Group LLC | $1,865,000 | |
| Listed by Village Realty Group LLC | |||
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Realize the quintessential Florida lifestyle in this newly renovated luxury home. Hit the links by day, then entertain friends at night by the pool. This stunning Bear Lakes Estates home has been completely remodeled with a brand-new pool, roof and impact windows!!! Privately nestled overlooking the 15th & 16th holes of the Lakes Course at Bear Lakes Country Club is on nearly .36 AC of beautifully landscaped grounds. This incredible home was re-imagined with modern finishes ideal for today's contemporary lifestyle. This single-story residence features 4 bedrooms, 3.5 baths including powder room and separate renovated cabana bath, 2 car garage with expanded driveway, and all new hurricane impact windows and doors. LED hi-hat lighting, formal living, dining and family rooms, sleek impact glass sliders creating a dramatic indoor/outdoor connection offering sweeping views of the pool, lake and golf course.
Breathtaking gourmet kitchen suitable for a culinary chef. Perfectly equipped with elegant cabinetry, crown molding and frosted glass, elegant tile backsplash, built-in LG Studio appliances including oversized refrigerator and wine fridge, exquisite waterfall designed Quartz counters extend to impressive island for ample seating with wireless charging stations and brilliant pendant lighting.
Oversized primary suite nestled in its own private wing, with tray ceiling, LED lights, and huge his and her walk-in closets with custom built-ins. Luxurious master bath boasts custom vanity with dual sinks, gorgeous Quartz countertops, oversized shower with decorative tile, frameless glass and Rainfall shower head. Elegant separate oval tub with modern free standing tub filler faucet surrounded by wood-look tile and offers tremendous natural light from your double (yet private) windows providing a tranquil view of your colorful tropical landscaping.
Both family members and guests will live in the lap of luxury. Featuring 2 generous guest rooms with new fans and LED lighting, shared by oversized Jack and Jill bathroom completely remodeled with custom vanity, dual sinks, Quartz counters, new mirrors and hardware, and combo tub/shower with decorative marble.
Bask in your private and picturesque outdoor paradise! This sprawling backyard boasts an elegant, sandblasted marble deck surrounding resort style pool, spa and sun shelf, saltwater filtration system and new Jandy pool equipment. Expansive covered and open patios are perfect for large gatherings alongside generous green space (tons of room for kid's playground or summer kitchen) new fence, manicured landscaping, and exterior lighting.
Many additional features include new interior and exterior paint, new doors and baseboards, new fans and hardware, spacious laundry room with custom cabinets, Quartz counters and front load Samsung washer and dryer.
There are SO many upgrades and extras, the photos cannot capture the true experience this home has to offer. The incredible views of the pool, lake and golf course, along with the impeccable finishes of this stunning residence will leave you speechless.
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| Apr 3, 2024 | Price Decreased |
$1,874,700
↓ $25K
(1.3%) | |
| Price Decreased | |||
| Mar 1, 2024 | Price Decreased |
$1,899,700
↓ $49K
(2.5%) | |
| Price Decreased | |||
Property Highlights
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Price/ft²
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About Villages of Palm Beach Lakes
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$2,100 /mo
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- 1,437 ft²
$2,000 /mo
- Studio
- 1 Bath
- 500 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017