9015 Three Rail Drive
About This Property
The spacious downstairs master offers lots of natural light, sliding glass doors to the pool, a trey ceiling, a huge master closet, and upgraded bathroom with marble floors, his and her vanities and more! This is an excellent floor plan as it offers the master plus two additional bedrooms downstairs, a formal living and dining room, complemented by the kitchen, breakfast nook, and family room. Upstairs you will be delighted to see a nice loft with two additional light and bright bedrooms! Outside you have a fantastic screened in patio which opens up to a lovely pool and spa, all overlooking the extra 1/4 acre of private yard and the beautiful lake! This home is priced to sell quickly and will not last! Call to make an appointment today before it's too late.
Equus is one of the most sought after communities in Palm Beach County. The community offers an elegant clubhouse with a lounge, billiards room and party room. Additionally, Equus offers 2 har-tru tennis courts, pool / spa, playground, and the recently updated fitness center. If you are looking for excellent schools, then you are looking in the right place as the schools are all A rated and excellent! The location of the community can't be beat as you are only minutes from the turnpike, great shopping, the new Delray Marketplace, and a short ride to the beach. The HOA fees for Equus include your cable with receivers, premium channels, internet, home phone with unlimited domestic calling, alarm monitoring, common area maintenance, manned gate, all the amenities, and on-site manager. A great value!
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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.
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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.
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About Equus Equestrian Center Condominiums
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$9,000 /mo
- 3 Beds
- 2 Baths
- 1,633 ft²
$6,500 /mo
- 3 Beds
- 3 Baths
- 2,325 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017