9523 Equus Circle
About This Property
The open concept interior offers soaring ceilings over the elegant formal living and dining room, crown moulding throughout, surround sound, lots of light coming in from the large windows, elegant chandeliers and light fixtures, custom high end window treatments, wrought iron split staircase, and 24x24 tile on the diagonal throughout the downstairs living areas. The kitchen is a chef's dream equipped with a gas range, high end stainless steel appliances, double oven, top of the line cabinetry, beautiful granite countertops all overlooking the family room. Off the kitchen is a beautiful bar perfect for entertaining, and the oversized family room. The views from the kitchen, bar, and family room are breathtaking! Additionally, downstairs you have a well appointed bedroom and full bath, laundry room, and a 3 car garage with an epoxy coat finish. As you head upstairs and through the double doors leading to the master retreat your jaw will drop. You can't help but notice the master's own foyer complemented with a trey ceiling. The master suite has a triple crown moulding, a trey ceiling, custom window treatments, a spacious sitting room, and a great view of the pool, yard, and lake. The closet is a dream as it could easily be another bedroom in the house. The huge master closet was recently fitted with custom cabinets and shelving and is one that can't be beat. No other floor plan in Equus has a closet like this. The master bathroom is beautiful with two vanities, a Jacuzzi tub, upgraded tile shower and more. As you leave the master, there are 4 more large bedrooms upstairs in addition to two full bathrooms. For storm protection this house has impact glass windows on the front of the home and accordion shutters on the back. A list of upgrades has been attached to the document section of the listing.
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 recently updated fitness center. Adjacent to the community is the Equus Equestrian Center where you can board your horses. During the day, you can have your horses in your backyard or take them on a ride through the community. 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 3 HD receivers, premium channels, internet, phone, alarm monitoring, common area maintenance, manned gate, and on-site manager. This house will not last long - please call today and make an appointment to make this your next home!
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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.
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About Equus Equestrian Center Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017