4738 Tree Fern Drive
About This Property
Delaire Country Club consists of 324 custom homes which surround a new 27 hole championship golf course. A wonderful family policy allows parents, children and grandchildren use of all facilities, including golf at no extra charge, 8 Har Tru tennis courts, 16,000 sq ft fitness center, resort pool area and outstanding cuisine.
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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.
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 11, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | Listed by Lang Realty/Delray Beach | $3,395,000 | |
| Listed by Lang Realty/Delray Beach | |||
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Discover luxury living at its finest in this stunning 4-bedroom, 6-bathroom residence nestled on a serene cul-de-sac within the prestigious Delaire Country Club. Built in 2014 and meticulously maintained, this home exudes sophistication and charm, showcasing exquisite details throughout. Step into a grand foyer with soaring ceilings and gleaming marble floors that lead to expansive living areas filled with natural light. The chef's kitchen features top-of-the-line Thermador appliances, a double oven, natural gas stove, and ample cabinetry. Ideal for entertaining, the home boasts a beautifully appointed wet bar and is wired for a wine bar, complemented by Sonos sound system throughout. Each bedroom offers en-suite bathrooms for utmost privacy, including a luxurious primary suite with his-and-hers baths and three walk-in closets with custom built-ins. Additional highlights include a new full house generator, three-zone AC system, and an oversized 3-car garage. Outside, enjoy resort-style living with a travertine pool deck, hot tub, and a stylish outdoor kitchen. Located within Delaire Country Club, residents enjoy exclusive access to a new 27-hole championship golf course, 8 Har Tru tennis courts, a 16,000 sq ft fitness center, and gourmet dining. This exceptional home presents a rare opportunity for discerning buyers seeking elegance and comfort in a premier golf community."
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| Nov 19, 2021 | Sold | ||
| Sold | |||
| Aug 28, 2021 | Listed by Lang Realty/Delray Beach | $2,190,000 | |
| Listed by Lang Realty/Delray Beach | |||
| Dec 19, 2014 | Sold | ||
| Sold | |||
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About Del-aire Golf Club
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$7,900 /mo
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017