9495 Grand Estates Way
About This Property
This private estate is situated on over half an acre. Features four bedrooms, five bathrooms, and comprised of over 7,000 total square feet. This magnificent estate offers an array of amenities including one of the largest private lots in the community, an oversized four car garage, and a resort-style saltwater swimming pool & spa.
Beyond the circular driveway, double doors open to the grand foyer leading into the estate's magnificent living room with volume ceilings' and fireplace. Private formal dining room and open family room are primed for entertaining. The chef's-kitchen boasts professional top-of-the-line Wolf appliances. Floor-to-ceiling windows offer an abundance of natural light and emphasize the grandeur of the home. The impeccably manicured landscaping is visible throughout. Other features include: outfitted closets, a soundproof home theater, an office or library, 24-inch marble tiles, beautiful hardwood floors, custom millwork, and moldings throughout. The spacious backyard has an outdoor kitchen, play areas, a relaxing saltwater pool and a raised spa under a wrought iron gazebo.
The Oaks at Boca Raton is a sought-after luxury guard-gated community that offers country club living with no equity fees. The clubhouse was recently renovated and features a resort-style pool, spa, professionally equipped fitness center with classes, full service restaurant (The Oak Room) and play areas. The top-notch tennis facility features 12 courts - 11 Har-Tru and one red clay, on-site professional instructors, a well-equipped pro shop, tennis programs, clinics, and league team play for players of all levels. Activities are planned throughout the year. The Oaks is conveniently located to shops, restaurants, major roads and houses of worship and "A" rated schools.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2020 | Sold | ||
| Sold | |||
| Oct 26, 2019 | Listed by Waterfront & Estate Properties | $1,479,000 | |
| Listed by Waterfront & Estate Properties | |||
| Dec 16, 2018 | No longer available | - | |
| No longer available | |||
| Sep 24, 2018 | Listed | $1,699,000 | |
| Listed | |||
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Amazing 4 bedroom, 5 bathroom spacious split floor plan. This exquisite 1 story home in the Estates section, offer complete privacy and sits on one of the largest lots in the community. The Chef's kitchen boasts granite counter-tops and top of the line Wolf appliances. Features include a massive home theater, executive office/library, 24 inch marble and beautiful hardwood floors throughout. The backyard is one of largest and most secluded in all The Oaks featuring a Resort style saltwater pool with huge patio and wrought iron gazebo, great for entertaining family and friends alike. Car lovers will love the over sized garages. Also available for rent.This house is stunning! 436502 The manager has listed the unit size as 5600 square feet.
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| Jul 30, 2017 | Listed | $1,795,000 | |
| Listed | |||
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THE CROWN JEWEL OF THE OAKS LOCATED ON NEARLY 3/4 OF A ACRE LOT IN THE MOST PRESTIGIOUS SUBDIVISION IN THE COMMUNITY . THIS SINGLE STORY HOME OFFERS MASSIVE SIZED ROOMS. MARBLE AND HARD WOOD FLOORING THROUGH OUT, EXTENSIVE MILLWORK,CUSTOM STONE FIREPLACE, GOURMET KITCHEN WITH TOP OF THE LINE APPLIANCES,HUGE THEATER AND EXPANSIVE CLOSET SPACE. SELLER HAS BUILDER PLANS TO ADD A ADDITIONAL FOUR CAR GARAGE AND THREE ADDITIONAL BEDROOMS. THIS ONE WILL NOT LAST.The manager has listed the unit size as 5409 square feet.
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About Oaks at Boca Raton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017