557 Edgebrook Lane
About This Property
Impressive double doors, your eyes are will be drawn to the 25' ceilings in the foyer and you begin to enjoy the grandiose feeling this home offers. Crown moldings and fine touches in the walls and ceilings stand out the elegance of this home. The first floor offers a spacious living room, family room, gourmet kitchen, large dining room, guest bedroom, and an office/media room.
The spacious gourmet kitchen comes with wood cabinets, a large center island, trash compactor and beautiful granite countertops. The swimming pool has lush landscaping that encloses the entire area for privacy and ambiance, ideal for memorable moments.
A spectacular circular iron staircase leads you to the second floor where the elegant master suite, spacious loft and 3 additional bedrooms are located. Enjoy plenty of closet spaces, all beautifully appointed bedrooms feature spacious walk in closets. The private and large master suite provides you with the comfort of his and hers closets and a large balcony overlooking the swimming pool, so you can enjoy the view with your wine! The large master bathroom has dual polished granite sinks, separate shower and Jacuzzi, comforts you will appreciate.
This community and home that stands apart from the rest in one of Palm Beach finest communities. Wellington View is conveniently located in Palm Beach, near to great shopping, highways, and medical facilities.
Move in ready! Make it your new home 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%.
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.
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About Wellington View
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017