$637,500
●
House -
Off Market
2911 Caffia Way
West Palm Beach, FL 33409
5 Beds
3 Baths,
1
Half Bath
3,231 Ft²
$3,930
Est. Monthly
$329
HOA / Fees
About This Property
Exceptional 2-story home with 5 bedrooms, 3.5 baths, and 2 car
garage nestled in the private gated community of The Classics at
Bear Lakes! This inviting open floor plan offers over 3,200 SF,
vaulted ceilings, tons of natural light, formal living and dining
rooms with luxurious stone tile floors, and renovated powder room
with decorative Bamboo accents. Beautiful gourmet kitchen equipped
with custom cabinets, decorative tile backsplash, crown molding,
under cabinet lighting, an abundance of granite counter tops
including separate island and built-in desk, stainless steel
appliances, and separate breakfast dining area. Oversized
family room off the kitchen boasts elegant hardwood floors, hi-hat
lights, and dual sliders that lead out to your open patio and
private fenced backyard. Exclusive en-suite bedroom on first floor
offers extreme privacy to guests and family members. Generous
primary suite on 2nd floor offers sitting area, plush carpet,
walk-in closet, spacious master bath with dual sinks and vanities,
separate shower and Roman tub. Separate from the master, you'll
discover 2 sizeable guest bedrooms (beautifully decorated) and
large guest bath with dual sinks and vanities, and combo
tub/shower. Bask in your ultra private backyard! Beautifully lush
landscaping and tropical trees offer lots of privacy as you enjoy
your open patio and spacious yard! Endless possibilities to make
this your custom oasis!
Don't miss the opportunity to live in one of the Palm Beaches most amazing golf course communities without having to pay a mandatory membership. LOW HOA fees include access to 2 community pools, well-maintained tennis facilities, racquetball courts, volleyball, basketball, playgrounds, and miles of beautiful, landscaped roads with wide sidewalks for biking & jogging. Conveniently located to all the BEST that West Palm Beach has to offer! Only minutes from main highways, restaurants & shops, beaches, Palm Beach Airport, City Place, Clematis Street, the new Outlet Mall, the Kravis Center for the Performing Arts and more!
Don't miss the opportunity to live in one of the Palm Beaches most amazing golf course communities without having to pay a mandatory membership. LOW HOA fees include access to 2 community pools, well-maintained tennis facilities, racquetball courts, volleyball, basketball, playgrounds, and miles of beautiful, landscaped roads with wide sidewalks for biking & jogging. Conveniently located to all the BEST that West Palm Beach has to offer! Only minutes from main highways, restaurants & shops, beaches, Palm Beach Airport, City Place, Clematis Street, the new Outlet Mall, the Kravis Center for the Performing Arts and more!
Unit Size
3,231 Ft²
Days on Market
71 days
Land Size
-
Price per sqft
$201
Property Type
House
Property Taxes
$413
HOA Dues
$329
Year Built
1995
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 8 months ago (Beaches MLS #R10984883)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| May 6, 2024 | Listed by Village Realty Group LLC | $649,000 | |
| Listed by Village Realty Group LLC | |||
| Nov 21, 2012 | Sold | ||
| Sold | |||
| Jun 13, 2012 | Listed by The Keyes Company (PBG) | $350,000 | |
| Listed by The Keyes Company (PBG) | |||
| | |||
|
DON'T MISS THIS FANTASTIC HOME! This quality built home is located in the gated golf course community Classics at Bear Lakes.Professionally landscaped with uplighting in the front and back yard. Electric roll out awnings over the patio with new patio coach lights. In 2005 Fabric Sheild storm shutters were added to the home. The welcoming foyer features decorative chandelier, travertine floors, and opens to the living and dining room.The entire first floor has high profile baseboards. The living room has vaulted ceilings and a view of the garden. Built in entertainment center in the family room with surround sound. Both family room and kitchen have Brazilian Tiete Rosewood floors, high hats, and crown molding. The kitchen boasts under mount lighting, b... (see supplement for full remarks) DON'T MISS THIS FANTASTIC HOME! This quality built home is located in the gated golf course community Classics at Bear Lakes.Professionally landscaped with uplighting in the front and back yard. Electric roll out awnings over the patio with new patio coach lights. In 2005 Fabric Sheild storm shutters were added to the home. The welcoming foyer features decorative chandelier, travertine floors, and opens to the living and dining room.The entire first floor has high profile baseboards. The living room has vaulted ceilings and a view of the garden. Built in entertainment center in the family room with surround sound. Both family room and kitchen have Brazilian Tiete Rosewood floors, high hats, and crown molding. The kitchen boasts under mount lighting, bead board, new light fixtures, granite countertops,double stainless steel sinks, gooseneck faucet, a full complement of Kitchen Aid stainless steel appliances, and a Microline Reverse Osmosis Water Filtration System. Laundry room has LG High Efficiency front load washer and dryer, cabinets and a utility sink. The bathrooms are freshly painted and have new light fixtures and faucets.Master bedroom suite is on the second floor with carpeted floors, his and hers walk in closets, seperate shower/tub, double vanity, and a linen closet. Three additional bedrooms are located on the second floor. First floor bedroom with attached bath has wood laminate floors, walk in closet, and an attached bath with shower/tub combo and tiled floors.
| |||
| Jul 19, 2001 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Villages of Palm Beach Lakes
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Listed by: Derek Lambrou
Village Realty Group LLC
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R10984883
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Village Realty Group LLC
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R10984883
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