7669 Bella Verde Way
About This Property
" Open easy flow floor plan perfect for entertaining and geared to sophisticated lifestyle of comfort and relaxed living.
" Grand master suite serves as quiet retreat with sitting area, luxurious bath with Jacuzzi spa tub, separate shower, his/her custom walk-in closets plus 2 additional closets.
" Split en-suite bedroom plan with walk in closets offers privacy for family and guests.
" Covered patio/heated pool/waterfall spa expand entertaining areas and offer a great spot to relax and enjoy the south Florida lifestyle.
" Architectural features: volume and coffered ceilings, crown moldings, clerestory windows, Saturnia marble floors.
" Extras: surround sound, central vac system, remote control interior shades, all closets custom outfitted, complete hurricane protection, LED lighting.
" Sports membership can be upgraded to golf.
" Enjoy a great year round or vacation lifestyle.
Prestigious Addison Reserve, a premier country club known for its natural beauty and five star resort amenities, is a gated luxury community with 717 homes. The new Lifestyle Complex includes the Fitness Center with state-of-the art equipment and numerous studios; the Aquatic Center with resort style pool with beach entry and lap lanes; whirlpool and children's pool; the luxurious Spa; Tennis Center with har-tru Hydrocourts; a full basketball court and pickleball courts. Located in an area offering a golf/ocean/beach/boating South Florida life style minutes from the convenience of fine dining, upscale shops, cultural/sporting events & two international airports.
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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%.
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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.
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 |
|---|---|---|---|
| Jul 20, 2020 | Sold | ||
| Sold | |||
| May 20, 2020 | Listed by One Sotheby's International Realty | $679,000 | |
| Listed by One Sotheby's International Realty | |||
| Sep 17, 2014 | Sold | ||
| Sold | |||
| Jun 3, 2014 | Listed by One Sotheby's International Realty | $949,000 | |
| Listed by One Sotheby's International Realty | |||
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About Addison Reserve
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017