665 Hermitage Circle
About This Property
This one of kind residence is a peaceful sanctuary, complete with an inviting split floor plan that encompasses the essence of fun and warmth. Connect with friends and family by enjoying the indoor /outdoor living in South Florida paradise.
Enjoy cooking meals for the family or entertaining for parties in this unique modern kitchen with European inspired design and custom cabinets.
Upon arrival to this property, you will feel immediately welcomed and enjoy the peaceful and quiet location within this gorgeous community. This beautiful dwelling is a charming combination of a social yet private environment. Rare SOCIAL membership is included with this residence to allow the kids and family to enjoy the amenities without any additional equity contribution/dues (upgrade to golf membership is easily attainable if desired).
When approaching the grand foyer, you experience resort style views and an inviting open floor plan that attracts all ages. Feel free to slide open the custom impact sliders so you can feel the calming eastern breeze.
The southeast side of the property, displays the open and inviting master suite complete with his and her closets and a unique, pristine master bath. Relax after a long day with a bubble bath while you unwind in the oversized porcelain tub.
Work from home, with ease, in the generously sized private office complete with soaring ceilings drenched in natural light. There is no lack of storage and plenty of space for your vehicles in the impeccably designed 4 car garage (spilt into 2 separate 2 car garages).
Quality is the essence of this residence as you will enjoy state of the art appliances, mirrored tile roof, new HVAC, and a unmatched whole house generator. This property is a residence where your family will feel safe, comfortable and calm. Every inch of this modern, warm home was thoughtfully engineered to evoke a sense of family, function and balance.
Don't miss this tremendous opportunity! Contact us for your private showing.
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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 Frenchmans Reserve
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017