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5446 Duckweed Road
About This Property
The home was tastefully updated in 2020, including a contemporary kitchen with upgraded cabinetry, stainless steel appliances, a gas cooktop, and a built-in Viking wine cooler. The expansive primary suite showcases tray ceilings, direct lanai access, and a spa-inspired bath featuring a seamless glass walk-in shower, soaking tub, and dual vanities. Vaulted ceilings, plantation shutters, impact windows and doors, laminate flooring throughout, and two updated A/C systems enhance comfort and efficiency. A massive 1,000-square-foot garage provides ample storage.
Outdoor living is highlighted by a heated resort-style pool and spa, surrounded by newly installed pavers across the pool deck and lanai. Propane services the pool heater, range, dryer, and water heater. Designed with equestrians in mind, the grounds include four horse stalls, multiple paddocks, and a professionally prepared riding ring with GGT footing.
Conveniently located near world-class equestrian venues, polo grounds, and more than 20 miles of bridle paths, while also offering quick access to shopping, dining, golf, fishing, the Florida Turnpike, Palm Beach International Airport, and downtown West Palm Beach. Zoned for highly regarded Wellington schools. Book your private showing today!
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017