320 Charroux Drive
About This Property
The primary suite offers direct pool access, custom closets, and a spa-inspired bath. Every bathroom in the home was completely gutted and rebuilt, now showcasing Italian porcelain finishes, floating vanities, LED-backlit mirrors, glass showers, and a freestanding soaking tub.
Additional highlights include all-new electrical throughout, a Sonos sound system with brand-new TVs, a whole-house generator, and a redesigned laundry room with custom cabinetry, quartz counters, premium appliances, and a deep utility sink. The two-car garage with golf cart bay features epoxy flooring and new hurricane-rated doors and a new roof .
Set within the gates of Frenchman's Reserve, one of Palm Beach Gardens' most prestigious country club communities, residents enjoy a newly renovated clubhouse with dining, spa, fitness, tennis, pickleball, resort pool, and a vibrant social calendar. The Arnold Palmer Signature Golf Course is its centerpiece, while a required Social Membership ensures access to the lifestyle. Best of all, this home is walking distance to the clubhouse and amenities, offering unmatched convenience.
Every inch of this residence has been redone with an eye for luxury, a turnkey offering in one of Palm Beach Gardens' most distinguished addresses.
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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.
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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.
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About Frenchmans Reserve
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017