2858 Palm Deer Drive
About This Property
Both barns have LIFE PROOF BARN PLANK FLOORING in apartment & tack rooms/office.
OVERSIZED REGULATION DRESSAGE ARENA ((laser leveled) has GGT footing as does the training pen. Lovely SPECTATOR VIEWING STAND next to Arena. Irrigation System w/ heavy pump.
Home has gleaming real wood floors, 1 New AC and ductwork(2020), New well pump 2020 There is a good sized STUDY/DEN on the first floor that can easily be transformed into a downstairs bedroom. The family room contains a WOOD BURNING FIREPLACE. Just off the kitchen area, is a lovely WET BAR with WINE STORAGE. The kitchen has GRANITE COUNTERTOPS with Stainless appliances. Refrigerator and Dishwasher were replaced in 2019. Home has WRAPAROUND PORCH so inviting to sit on the cool evenings. Pretty plantings and a beautiful area for a vegetable garden surround the house. Have dogs? If you need to lock them up once in awhile, there is a handy dog run with doggy door into the garage.
Your home has ACCORDION SHUTTERS THROUGHOUT as well as a WHOLE HOUSE BACKUP GENERATOR with 300 gallon propane tank. Back patio has all new screening. ADDITIONAL STORAGE BARN is 21 X 21 set back behind the house.
This 5 ACRE Property is fenced and gated with concrete pillars and a GREAT curb appeal entrance.
Please note this property is NOT HOMESTEADED CURRENTLY but is AGRICUTURALLY EXEMPT. Your taxes will be lower if you homestead it after purchase.
Deer Run IS GATED, has paved roads, private riding trails, lovely neighbors and A-rated schools! Bring your horses! Bring your chickens! All is welcome!
Don't miss this one.
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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 |
|---|---|---|---|
| Jul 6, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | Listed by Florida Premier Realty of the Palm Beaches LLC | $2,000,000 | |
| Listed by Florida Premier Realty of the Palm Beaches LLC | |||
| Nov 4, 2021 | Sold | ||
| Sold | |||
| Mar 29, 2021 | Listed by Florida Premier Realty of the Palm Beaches LLC | $1,225,000 | |
| Listed by Florida Premier Realty of the Palm Beaches LLC | |||
| Nov 5, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017