Located within the Signature Collection at Royal Palm Polo, this
extraordinary estate showcases 7,437 SF of refined luxury living.
Designed for both entertaining & comfortable everyday living, the
residence features 7 bedrooms, all with en-suite bathrooms & a
gourmet chef's kitchen appointed with Wolf & Sub-Zero appliances,
complemented by an expansive bar area. Seamless indoor-outdoor
living defines the home, highlighted by a first-floor primary
suite, an upstairs Jr suite & a home theater. A dramatic great room
with soaring ceilings, along with spacious living & dining areas,
opens effortlessly to the outdoor entertaining space. This home
also includes a full-home generator. Enjoy the South Florida
lifestyle with a heated pool, outdoor kitchen & covered lanai.
Royal Palm Polo, a prestigious gated community developed by Toll
Brothers, offers residents access to an array of upscale amenities
including a private clubhouse, state-of-the-art fitness center,
resort-style pool & spa with shade cabanas, six Har-Tru tennis
courts & a children's playground. Ideally located near upscale
shopping, fine dining, major roadways, A-rated schools & pristine
beaches.
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.
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