Welcome to this beautifully maintained 4-bedroom home, privately
positioned deep within the wonderful guard gated community
"Woodbine" sitting on a QUIET PRESERVE lot. A TRANSFERRABLE 2026
ROOF warranty, new exterior paint, new gutters, and impact windows
on the second floor offer EXCEPTIONAL peace of mind. Inside, rich
Brazilian cherry wood floors add warmth and character throughout
(FLOORS CAN BE REFINISHED 3XS). The renovated primary suite is a
true retreat offering sliding glass doors, coffered ceiling, custom
organized closets and featuring a spa-inspired bath with Downsview
custom wood cabinetry, soft-close drawers, Dolomite countertops,
new tile flooring, a frameless glass shower, and a relaxing soaking
tub. The additional baths have also been updated, including all new
toilets in 2021. Custom closet systems, plantation shutters,
updated window treatments, a distinctive custom wood vanity in the
powder room, and a 2021 washer and dryer complete the thoughtful
improvements. The kitchen offers granite countertops, newer stove &
microwave, plantation shutters, and a sunny breakfast nook. Enjoy
the Florida lifestyle year-round from the extended screened paver
patio with 2 large canopy sunshades, fruit trees-an ideal setting
for entertaining, dining, or simply relaxing with peaceful preserve
views. A flexible upstairs bedroom was originally designed as 2
bedrooms and could potentially be reconfigured to create a 5th
bedroom. Additional features include a 2020 A/C with Honeywell
smart thermostat, replaced garage springs, and a seven-foot premium
rear setback for added privacy. Residents enjoy a gated community
with security patrol, clubhouse, fitness room, outdoor spa,
pools-including one heated in the winter-4 tennis, racquetball,
squash, and volleyball courts, a sports field with soccer goals,
tot lot, and more. The quarterly LOW HOA includes: partial lawn
service, basic cable, internet, irrigation, security, and weekly
bulk pickup. Up to 2 pets are allowed with no weight restrictions;
boat/RV storage is available through a waiting list. Conveniently
located near shopping (Midtown Gardens, Gardens Mall, PGA Commons,
Cityplace), dining, beaches, Downtown at the Gardens, major
highways (I-95 & The Turnpike), and Palm Beach International
Airport.
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.
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