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6915 Chimere Terrace
About This Property
The spacious floor plan begins with a double-door entry opening to bright living and dining areas with plenty of room for entertaining. The kitchen is a standout, designed with 42'' cabinetry for added height and style, granite countertops, stainless steel appliances, and three large pantry and storage areas with pull-out drawers for maximum organization and convenience. A breakfast nook adds an inviting spot for casual dining, while the open design flows naturally into the main living areas. The bedrooms are generously sized, each with access to a full bath. Custom closet systems provide excellent storage solutions. The split-bedroom design offers privacy for owners and guests alike, with the primary suite set apart for comfort.
Additional updates include a water heater installed in 2022 and an AC replaced in 2016.
Step outside to the oversized screened-in patio, where lush landscaping creates a serene backdrop for gatherings or quiet relaxation. With multiple seating areas and room to entertain, this outdoor space feels like an extension of the home.
Living in Cascades means enjoying a premier 55+ lifestyle known for its beautifully maintained grounds, vibrant social scene, and top-tier amenities. Residents enjoy a newly renovated clubhouse featuring a resort-style pool and spa, state-of-the-art fitness center, tennis and pickleball courts, a cafe, card rooms, and a full calendar of clubs and activities. The community is also home to a non-equity 18-hole golf course, providing the feel of country club living without mandatory membership fees. The monthly HOA fee includes high-speed internet, cable, lawn care, exterior home painting, and access to all community amenitiesoffering exceptional value and peace of mind. Cascades is ideally located near shopping, dining, medical facilities, and major highways, making it one of Palm Beach County's most desirable 55+ communities.
This move-in ready home combines thoughtful updates, a spacious design, and the unmatched amenities of Cascadestruly offering the best of South Florida living.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017