4229 Cedar Creek Ranch Circle
About This Property
Master bedroom offers a large suite with sitting and office area. Large walk-in closets. Master bath includes double vanities, large walk-in shower with multi-head system. Additional 4 bedrooms, 2 baths and laundry room on second floor. Second floor also features a loft area with theater room and study. This home offers outdoor living at it's best. Enclosed pool area featuring an outdoor summer kitchen and bar area. Pool and spa are heated with salt system and app controlled. Fire pit areas to further enjoy outdoor entertaining.
Quality construction with impact windows and doors with Low E energy efficiency rating. Home is wired for stereo along with CCTV camera system. Roof and AC were replaced in 2012.
Exclusive gated community of only 77 homes situated within minutes to dining, shopping and entertainment. Zoned for A-rated schools. Close proximity to Palm Beach Airport, Florida Turnpike, Wellington Mall and Polo fields.
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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 Cedar Creek Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017