7641 Monte Verde
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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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2023 | Listed by The Telchin Group LLC | $1,799,000 | |
| Listed by The Telchin Group LLC | |||
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Located on a .38-ACRE, PIE-SHAPED, CUL-DE-SAC lot—the largest in Monte Verde—this spectacularly RENOVATED COURTYARD home with PRIVATE GUEST HOUSE will wow you from the moment you step through the gated entry and into the massive screened pool and spa area. Overlooking postcard-worthy views of Tradition #16, this 4BR/4BA home boasts an oversized yard and two separate completely renovated outdoor spaces, both done in 2021: The grand courtyard features a New PICTURE WINDOW SCREEN ENCLOSURE (2,000+ sq ft), new fencing, new porcelain tile and artificial turf surrounding the pool, new Caribbean Blue Diamond Brite, and showstopping Waterfall Fire Bowls. Cedar Wood ceilings add richness to both the Pool Lanai and the Back Lanai. The Back Lanai, covered and fully screened, features new Porcelain flooring, a new grilling station with granite counters, retractable awning and breathtaking lake and golf vistas. With a combination of IMPACT GLASS (2020) and Accordion Shutters (2021), this home is protected with a 2020-installed Generac 22Kw WHOLE HOUSE GENERATOR. In 2023, an Aqua Link Operating System was installed to control pool features and landscaping lighting (front and back.) Also in 2023, a motorized privacy/sun blind was added to the front gate. And also in 2023, the kitchen was remodeled with New white shaker cabinet doors and drawers with soft close hinges, gold hardware, blue mosaic tile behind the range/hood and appliances fit for a chef: Sub Zero 42" refrigerator with French Doors and a Bottom Freezer, Wolf 30" Double Wall Ovens, and a GE Profile Microwave. With this sought after floor plan, all bedrooms open graciously to the courtyard area, with the serene backdrop of Ibis's world class golf and water vistas. Plush designer carpeting installed in three bedrooms in 2022, and motorized transitional light filtering shades in all four bedrooms (windows and doors), great room windows and dining room window and back door (2021 and 2022). New laundry room cabinets in 2022 along with new striking granite counter tops. In 2021 the water heater was replaced and in 2022 the pool pump was replaced. New Pineapple Exterior lighting on Garage Front and Courtyard. Two newly remodeled bathrooms in 2021. A new Air conditioning unit was also installed in 2021. Live the incomparable Ibis lifestyle from this magnificent, one-of-a-kind home on one of the most unique and special lots in Ibis.
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| Mar 19, 2020 | Sold | ||
| Sold | |||
| Feb 12, 2020 | Listed by Realty Associates/Boca Raton | $695,000 | |
| Listed by Realty Associates/Boca Raton | |||
| May 24, 2013 | Sold | ||
| Sold | |||
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About Ibis Golf and Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017