8475 Quito Place
About This Property
Villagewalk HOA dues include Xfinity ultimate cable package and blast high speed internet service, home phone service, security alarm service monitored through All Tech security, a manned gate and rover, all landscaping, exterior painting every 7 years and power washing of common areas. Villagewalk of Wellington offers the charm and design of a truly charming community with the feel of resort style living and a bustling social town center. As you drive past the beautiful clubhouse, tree-lined streets, manicured lawns, rolling bridges and waterways, you will be impressed with the beauty of this gorgeous community.((VillageWalk is a DiVosta Built-Solid guard-gated master planned community of 954 residences on over 478 acres of land that range from 2-bedroom villas to 6-bedroom single-family homes. The development has 6 miles of bike and jogging trails, 93 acres of common and park areas. It is designed around 112 acres of lakes, waterways and a wildlife preserve. The result is an amazing community where 96% of the homes are built on waterfront cul-de-sac lots. The centerpiece of VillageWalk is the Town Center recreational and retail complex. All roads, bike paths and bridges lead to this state-of-the-art facility that features a fitness center, library, card and meeting rooms, a catering kitchen and party rooms. The retail side of the Town Center hosts a wonderful restaurant, Centanni's Cafe, offering dine-in, takeout and catering, on-site post office, a convenience store, full service hair salon and a separate nail salon offering a multiplicity of services. The Town Center complex helps foster a hometown atmosphere and enhances VillageWalk's uniqueness.((There truly is something for people of any age. VillageWalk residents can choose a family fun activity, join the moms club, participate in water aerobics or an evening of friendly bingo, bridge or poker. There are dinner dances and live entertainment evenings also available. Those who love the outdoors can always enjoy a swim in one of the two community pools, a game of tennis, bocce or basketball, an afternoon with the little ones at the tot lot or a leisurely stroll to the gazebo overlooking the water. Fishing and kayaking are readily available.((VillageWalk's east Wellington location offers easy access to top notch A rated Wellington schools, shopping and recreation. The community is situated within walking distance of all three public schools: Palm Beach Central High, Emerald Cove Middle and Equestrian Trails Elementary. We are only two miles from Okeeheelee Park, The Mall at Wellington Green and minutes from City Place in downtown West Palm Beach, the Kravis Center for the Performing Arts, Palm Beach International Airport and some of Florida's most beautiful beaches.((Wellington is the international equestrian center of the world and Villagewalk is located just minutes from Palm Beach International Equestrian Center (PBIEC), home of the Winter Equestrian Festival (WEF), and minutes from the Global Dressage Festival (GDF) and the International Polo Club of Palm Beach (IPC).
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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.
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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 |
|---|---|---|---|
| Jun 10, 2021 | Sold | ||
| Sold | |||
| May 5, 2021 | Listed by JSM Realty Services, Inc. | $399,900 | |
| Listed by JSM Realty Services, Inc. | |||
| Apr 1, 2016 | Sold | ||
| Sold | |||
| Feb 8, 2016 | Listed by JSM Realty Services, Inc. | $292,000 | |
| Listed by JSM Realty Services, Inc. | |||
| Apr 4, 2014 | Sold | ||
| Sold | |||
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About Villagewalk of Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017