Set on a premium southern-exposure lakefront lot in The Oaks a few
blocks from the clubhouse, this recently renovated
5,935-square-foot estate offers 6 bed, 5.5 bath, office & 3-car
garage. Upgrades include hardwood flooring, custom lighting, a
walnut and iron staircase, three high-efficiency HVAC systems (<
2 yrs old), brand new whole home Generac generator, and a custom
multimedia wall with programmable fireplace. A renovated
kitchen features quartz countertops, Viking range, Sub-Zero fridge,
and built-in Bosch coffee maker. Upstairs, the primary suite has
beautiful lake views from a covered balcony, along with large
custom closets, a private wine and coffee bar and a spacious bath.
The backyard features a gorgeous travertine patio and recently
renovated Diamond Brite heated pool & spa. Residents of The Oaks
enjoy a private, country club-style lifestyle without mandatory
country club fees, 25,000-square-foot clubhouse, fitness center,
spa, restaurant, resort pool, tennis, pickleball, children's
amenities and 24-hour gated and roving security. Ideally located
near Boca Raton's top schools, shopping, dining, medical
facilities, I-95 and the Florida Turnpike.
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.
Magnificent lake view estate home with 6 bedrooms, 5 and a half baths, library, game room, exercise room & loft. Bright and open floor plan. Lush landscape and shaded patios surround the pool area. Enjoy the lake view from the private upstairs master suite with a covered balcony and bright sundeck. Updated kitchen & appliances Whole house generator. The Oaks offers the amenities of a country club without the equity expense -- resort pool, activities,fitness & spa services plus casual dining. Very active tennis programs. Floor Plan is in Documents The manager has listed the unit size as 5935 square feet.
Feb 2, 2019
No longer available
-
No longer available
Dec 13, 2018
Price Decreased
$1,449,500
↓ $500
(0%)
Price Decreased
Nov 8, 2018
No longer available
-
No longer available
Nov 6, 2018
Listed
$1,450,000
Listed
MUST SEE! Magnificent & Elegant Lake View Estate Home With 6 bedrooms, 5 1/2 bathrooms, 3 car garage. Owners Have Put Over 200K In Upgrades Over The Past 10 Months.Crown Molding Thru-Out Entire Home, Beautiful Columns Thru-Out The Exterior Of The Home,Media Room,Top Of The Line Carpet Through Out The 2nd Floor,Marble Floors Thru-Out 1st Floor & Much More! This Well-Appointed House Features High Ceilings,Spiral Staircase,Expansive Balcony Off Master Bedroom. Enjoy The Expansive Lake View From The Private Upstairs Master Suite With A Covered Balcony & Bright Sundeck. The Master Also Features Dual Walk In Closets, A Deluxe Bathroom With A Soaking Tub, Large Shower & His & Hers Vanities. 1st Floor has 1 Bedroom With An En-suite Bathroom & Library/Office & 1/2 Bathroom. Updated Kitchen with SS The manager has listed the unit size as 5935 square feet.
Nov 4, 2018
Price Decreased
$1,450,000
↓ $50K
(3.3%)
Price Decreased
Aug 13, 2018
Price Increased
$1,499,995
↑ $50K
(3.5%)
Price Increased
Jun 20, 2018
Listed
$1,450,000
Listed
MUST SEE! Magnificent & Elegant Lake View Estate Home With 6 bedrooms, 5 1/2 bathrooms, 3 car garage. Owners Have Put Over 200K In Upgrades Over The Past 10 Months.Crown Molding Thru-Out Entire Home, Beautiful Columns Thru-Out The Exterior Of The Home,Media Room,Top Of The Line Carpet Through Out The 2nd Floor,Marble Floors Thru-Out 1st Floor & Much More! This Well-Appointed House Features High Ceilings,Spiral Staircase,Expansive Balcony Off Master Bedroom. Enjoy The Expansive Lake View From The Private Upstairs Master Suite With A Covered Balcony & Bright Sundeck. The Master Also Features Dual Walk In Closets, A Deluxe Bathroom With A Soaking Tub, Large Shower & His & Hers Vanities. 1st Floor has 1 Bedroom With An En-suite Bathroom & Library/Office & 1/2 Bathroom. The manager has listed the unit size as 5935 square feet.
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