SELLER OFFERING UP TO $10,000 TOWARD BUYER'S ALLOWABLE CLOSING
COSTS AND/OR INTEREST RATE BUY-DOWN WITH ACCEPTABLE OFFER! WELCOME
TO 889 WANDERING WILLOW WAY in the award-winning Arden community!
Built in 2020, this beautifully upgraded home offers 3 bedrooms,
2.5 bathrooms, a first-floor office/den that can easily serve as a
fourth bedroom, and a versatile upstairs loft. Perfectly located
within WALKING DISTANCE of the elementary school, this home offers
exceptional convenience. A scenic walking and biking trail runs
directly behind the property, offering the perfect setting for
morning jogs, bike rides, evening walks, and enjoying Arden's
beautiful green spaces. An open green space across the street
creates a peaceful setting and gives plenty of room to enjoy the
outdoors while adding to the home's open, spacious feel. Inside,
you'll find polished porcelain tile downstairs, upgraded waterproof
luxury vinyl flooring upstairs, granite countertops, a large
kitchen island, GE stainless steel appliances, a natural gas range,
and COMPLETE IMPACT-GLASS WINDOWS. One of this home's standout
features is its FULLY PAID-OFF 9.52 kW TESLA SOLAR SYSTEM WITH DUAL
POWERWALLS. The system delivers outstanding energy efficiency with
a LITTLE TO NO MONTHLY ELECTRIC BILL (depending on usage) while
providing reliable whole-home backup power during outages-an
incredible advantage during Florida's hurricane season. Step
outside to an oversized 8,634-square-foot lot featuring a screened
lanai, extended patio, and plenty of room for a custom pool. The
west-facing backyard offers BEAUTIFUL SUNSET VIEWS every evening,
making it the perfect place to relax or entertain. Arden is one of
Palm Beach County's most sought-after communities, featuring
resort-style pools, a clubhouse, fitness center, miles of trails,
lakes, tennis and pickleball courts, and a unique 5-acre community
farm. This home combines modern upgrades, exceptional energy
efficiency, an unbeatable location, and a lifestyle that truly
embraces the best of South Florida living.
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%.
How much can I actually make?
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.
HOA/Condo/Coop Amenities: Boating, Clubhouse, Dog Park, Fitness Center, Picnic Area, Playground, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s), Pickleball, SportsFields, Sidewalks
HOA Fee: $328
HOA Fee Frequency: Monthly
Building Info
Overview
General
Year Built:
2020
Effective Year Built:
2020
Building Count:
1
Bedroom Count:
3
Bathroom Count:
3
Full Bathrooms:
2
Partial Bathrooms:
3
Building Condition:
6
Building Quality:
10
Construction Type:
4
Building Style:
0
Exterior Walls Type:
7
Interior Walls Type:
3
Roof Shape Type:
16
Roof Cover Type:
15
Floor Count:
200
Living Units:
1
Floor Cover:
13
Basement Type:
0
Basement Area:
0
Garage Type:
1
Garage Square Area:
537
Parking Space Count:
0
Patio Type:
0
Porch Type:
126
Pool Type:
0
Dimensions
Lot Size Square Feet:
8,621
Total Building Area:
3,282
Gross Building Area:
3,282
Building Area:
2,384
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
4
Heated Square Feet:
2,384
Heating Fuel Type:
2
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
ARDEN PUD POD A
Land Acres:
0000000198
Standard Land Use Code:
1001
County Land Use Code:
0100
Legal Description 1:
ARDEN PUD POD A WEST & POD B WEST LT 282
Neighborhood
School District Name:
Palm Beach County School District
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