667 Hermitage Circle
About This Property
Those who are lucky enough to live in Frenchman's Reserve will find luxury in a relaxed, private country club atmosphere which includes championship golf, 5-star dining, state-of-the-art fitness, spa, tennis and a social calendar filled with exciting activities for everyone. You've found paradise.
Dining Room Chandelier does not convey.
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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 |
|---|---|---|---|
| Sep 4, 2025 | Listed | $10,800,000 | |
| Listed | |||
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Entered into MLS for Statistical Purposes
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| Nov 15, 2022 | Sold | ||
| Sold | |||
| Sep 14, 2022 | No longer available | - | |
| No longer available | |||
| Jul 26, 2022 | No longer available | - | |
| No longer available | |||
| Jul 25, 2022 | Listed by 1 M Group Luxury Real Estate | $6,299,000 | |
| Listed by 1 M Group Luxury Real Estate | |||
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Welcome to the crown jewel of Frenchman's Reserve. This 8,590 Sq.Ft. private custom estate is situated on the largest homesite within Frenchman's Reserve, nestled in a cul-de-sac of the estate section, in picture-perfect Palm Beach Gardens. Boasting just under an acre lot, the 2 story CBS-built custom estate contains 6 bedrooms, 6 full baths, 2 half baths and room for 5.5 cars within its two air-conditioned garages. Garage lifts can be installed to add two more garage spaces. Behind the Mahogany grand doors awaits a residence that exudes opulence and quiet elegance throughout. Every inch of this estate home feels curated with the most discerning of eyes in mind. Upon entry you are greeted by Walker-Zanger limestone flooring in an expansive foyer that rests effortlessly against walls The manager has listed the unit size as 8590 square feet.
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About Frenchmans Reserve
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017