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636 Hermitage Circle
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2026 | Listed by Illustrated Properties | $10,900,000 | |
| Listed by Illustrated Properties | |||
| Apr 15, 2026 | Price Decreased |
$10,995,000
↓ $955K
(8%) | |
| Price Decreased | |||
| Apr 2, 2026 | Price Decreased |
$11,950,000
↓ $450K
(3.6%) | |
| Price Decreased | |||
| Mar 7, 2026 | Listed by Illustrated Properties LLC (Co | $12,400,000 | |
| Listed by Illustrated Properties LLC (Co | |||
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Welcome to one of the most exceptional homes in the prestigious Frenchman's Reserve Country Club--perfectly positioned on one of the most coveted lots in the estate section with sweeping water and golf course views of the 17th hole. Completely transformed by a multi-million dollar full-home renovation over the past few years, this extraordinary residence blends timeless luxury with cutting-edge technology, offering a truly turnkey, move-in-ready experience. Spanning an expansive floor plan with 6 bedrooms and 9 bathrooms, the home is designed for both grand entertaining and comfortable everyday living. The interiors feature sophisticated finishes, a private office, game room, and a state-of-the-art theater room equipped with top-of-the-line components and a fully integrated smart home system controlling lighting, climate, security, and entertainment throughout the property. The chef's kitchen and main living areas flow seamlessly to the outdoor spaces where breathtaking views take center stage. Step outside to an entertainer's paradise featuring an infinity-edge pool, outdoor kitchen, and fireplace, all overlooking tranquil water vistas and the lush fairways of the 17th hole. Upstairs, oversized balconies provide the perfect setting for sunrise coffee or sunset cocktails while taking in the spectacular scenery. The home also features custom high-end closet systems, a private gym, and extensive built-ins throughout. Additional highlights include: " 3.1 - car garage " Spacious guest suites with en-suite baths " Designer finishes and luxury materials throughout " Resort-style indoor/outdoor living This rare offering represents one of the finest residences in Palm Beach Gardens, delivering unmatched craftsmanship, technology, and views within one of South Florida's most exclusive golf communities. A truly exceptional opportunity to own one of the premier estate homes in Frenchman's Reserve.
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| Sep 25, 2019 | Sold | ||
| Sold | |||
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About Frenchmans Reserve
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017