8181 Parini Way
About This Property
When you walk into the house, you will notice the shiny and stunning, marble flooring throughout and the clean, cream carpet in the rooms. The living room, kitchen and eat in breakfast nook, have perfect views of the back patio overlooking the lake and pool. The kitchen has wood cabinets with black granite countertops, an overlay refrigerator, a double oven, cook top stove and microwave. The living room has custom white curtains and rods as well as the master bedroom, and in the master, there are also black out shades. The pavers in the patio near the pool area were redone April 2022.
The master bedroom overlooks the lake and pool and has his/her closets. The master room has a special outlet that will allow constant electrical throughout the room, for those with special needs or on oxygen. The master bathroom has a linen closet, walk in shower, jacuzzi tub and a separate vanity for him and her.
Your guest bedroom and the den, you have your 2nd bathroom with a walk-in shower and glass shower doors. The 3rd bedroom, which was used as the home office, does not have a closet but one can be added to make it a 3rd bedroom.
Villaggio is one of the top-rated 55+ communities in west Lake Worth, conveniently located to shopping, beaches, airports and entertainment. Villaggio amenities include outdoor and indoor swimming pools and spas, tennis, pickleball, bocci, racquetball, fully equipped gym, hair salon and an indoor/outdoor cafe open for breakfast and lunch. Inside the main clubhouse is our showroom where both professional and community shows run throughout the year. Also, inside is a billiards room, arts and crafts room and several card rooms. There are a wide variety of clubs to join from golf, tennis, pickleball softball, bocce to theater and cultural venues of all types.
******FURNITURE IS NOT INCLUDED*********
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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 |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2023 | Listed by Orbit Realty, Inc | $574,999 | |
| Listed by Orbit Realty, Inc | |||
| May 29, 2023 | No longer available | - | |
| No longer available | |||
| May 27, 2023 | Relisted | $615,000 | |
| Relisted | |||
| May 7, 2023 | No longer available | - | |
| No longer available | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017