8540 Surrey Lane
About This Property
Luxurious main house features 4 bedrooms, gourmet kitchen, open living room, formal dining, exercise room and fireplace. Unique appointments include rare walnut flooring throughout the home made from 100-yr old Amish barn wood. Step outside for the perfect relaxing getaway or ideal spot for entertaining.
The Equestrian Estate is located in the private community of Horseshoe Acres situated on over 190 acres of lush tropical landscaping and tree-lined streets. This equestrian community is one of the only neighborhoods in Boca Raton that allows residents and homeowners to raise horses on their private land.
This equestrian compound overlooks a magnificent barn featuring 5 paddocks, 7 stalls, 2 interior wash racks, tack up stalls, office, grooms quarters, feed room, tack room and private trails.
Covered walkway leads to the 3 bedrooms, 3 bath guesthouse with full kitchen and large living area.
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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.
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.
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About Palm Beach
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$8,000 /mo
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017