6854 Royal Orchid Circle
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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.
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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 |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | Listed by Douglas Elliman | $1,895,000 | |
| Listed by Douglas Elliman | |||
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Introducing 6854 Royal Orchid Circle located within the desirable boutique community of Grande Orchid. This modern, totally updated estate offers 4,378 sq. ft. of living space with 6 bedrooms, 7 baths (5 full and 2 half baths), office and loft.
The light & bright home flows seamlessly with an incredible open floor plan including custom details & exquisite finishes, perfect for entertaining. Enjoy the new chef's kitchen with quartz waterfall countertops, professional grade Kitchen Aid appliances and custom cabinetry. Take advantage of the new summer kitchen overlooking the pool and nature preserve for a relaxing evening meal. Enjoy total privacy as the backyard backs up to a nature preserve with two courtyard homes on either side. This kind of privacy is a rarity in Central Boca/Delray Relax and rejuvenate in the spacious primary bedroom including a recently renovated ensuite spa bathroom with luxurious soaking tub, custom marble inlay flooring, oversized shower and his and her water closets. Three generous walk-in closets and a sitting area completes the retreat.
Four ample ensuite bedrooms with updated bathrooms and loft, perfect for a play or sitting area, complete the second floor. A new roof and impact glass have also recently been completed. A whole home generator is also included.
Grande Orchid amenities include a guard gated entry, clubhouse with pool, community room and fitness center, private gate access to Morikami nature trails, tennis courts, pickleball court and basketball court. Exceptional proximity to the best schools in Palm Beach County (Morikami Elementary priority neighborhood, Spanish River High, plus exceptional private schools), restaurants, houses of worship, downtown Delray & Atlantic Ave, Town Center at Boca Raton mall, the beach, and upscale shopping, Grande Orchid offers everything to enjoy the Florida lifestyle. Grande Orchid is centrally located off 'Millionaire's Row' on Jog Road, a stretch of exclusive gated communities on Jog Road north of Clint Moore Road, close to everything in Boca Raton and Delray Beach.
New kitchen, new roof, new impact glass, new bathrooms surrounded by mature trees with complete privacy. This home is one of a kind!
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| Sep 22, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed by BEX Realty, LLC | $999,000 | |
| Listed by BEX Realty, LLC | |||
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About North Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017