40 Country Road
About This Property
setting with a southern exposure and some of the best longviews in the Country Club of Florida. Lushly landscaped this Bermuda inspired beauty is a charming 4 Bedroom, 4 Bath that
lives with brightness and views from every room. The living and family room with high ceilings, plantation shutters and a wall of windows framing the peaceful golf course view, lead
onto a patio with an awning perfect for end of day relaxing. The
bedroom wing leads to the spacious Master Suite with plantation
shutters, private patio, ample closet space and a large master
bath. The 4th bedroom makes for a perfect office... The 4th bedroom makes for a perfect office with built in
bookshelves and a desk overlooking the 15th tee. A wonderful
value for views and lifestyle, the home is a "must see".
Known for its serene beauty, the Village of Golf is another
world. With incredible club services, world class golfing and
dining. This pastoral paradise is perfectly located for that town
& country lifestyle, just 10 minutes west of Downtown Delray
Beach and Gulf Stream.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 4, 2017 | Sold | ||
| Sold | |||
| Sep 24, 2016 | Listed by Karl E. Scott Inc | $924,000 | |
| Listed by Karl E. Scott Inc | |||
| Aug 15, 2016 | Sold | ||
| Sold | |||
| Jun 29, 2012 | Sold | ||
| Sold | |||
| Apr 16, 2012 | Listed by Karl E. Scott Inc | $735,000 | |
| Listed by Karl E. Scott Inc | |||
| | |||
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Charming home on the 15 tee with magnificent views down two fairways. A true 4 bedroom home. 4th bedroom set up as office, but with own full bath.Sponsorship required for membership in Club.Call listing agent for additional details.
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About Country Club of Florida
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017