Cays Realty
3426 &3406 Hanover Circle, Loxahatchee, FL 33470 — MLS photo

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3426 &3406 Hanover Circle, Loxahatchee, FL 33470

Active · SingleFamilyResidence

$4,200,000

3426 &3406 Hanover Circle, Loxahatchee, FL 33470

Beds
10
Baths
15
Living area
4,398 sq ft
$ / sq ft
$955/sq ft
Year built
1996
Lot size
437,749 sq ft
HOA fee
$334 Monthly
Annual tax
$16,793

About this property

Custom Equestrian property in sought after White Fences community. situated on 10 acres 2 parcels 3426 & 3406 with 31 12x12 horses stalls, 2 mirrored arenas, 6 paddocks suitable for dressage, show jumping or 3 day eventing. . Main house has 5 bedrooms / 3 bathrooms with an open kitchen,formal dining room,den, living room and large game room. Inground pool & spa in screened patio area with outside kitchen. Guest house has 3 bedrooms/ 3 bathrooms with an eat in kitchen. living room and screened patio area. There are also 4 separate 1 bedroom 1 bath apartments on the property. Separate 3 car garage and 1 RV garage with lots of storage space. Separate gate entry to the barns for staff. Hurricane shutters as well. Zoned agriculture. 2 seperate parcels on property. Great Investment property

Property location

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3426 &3406 Hanover Circle, Loxahatchee, FL 33470

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Facts & features

Interior

Bedrooms
10
Bathrooms
15
Living area
4,398 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Wall Window Units
Heating
Central, Electric
Interior features
Built In Features, Bedroom On Main Level, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Eat In Kitchen, French Doors Atrium Doors, Kitchen Island, Kitchen Dining Combo, Main Level Primary, Sitting Area In Primary, Shower Only, Walk In Closets, Utility Room, Workshop
Furnished
Furnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1996
Stories
1
Lot size
437,749 sq ft
Architectural style
Ranch
Roof
Barrel, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Fruit Trees, Outdoor Shower, Patio, Storm Security Shutters
Pool
Heated, Pool, Screen Enclosure, Solar Heat
Spa
Above Ground

Parking

Garage spaces
4
Covered spaces
4
Parking features
Attached, Garage, Golf Cart Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$334 Monthly
Fee inclusions
Common Area Maintenance
Amenities
None, Pool
Pets allowed
No
Annual tax
$16,793
Subdivision
DEER RUN 2
County
Palm Beach
Days on market
139
MLS listing ID
B26036462
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$6,574

Cap rate
3.8%
Net yield
3.8%
Cash-on-cash return
-6.7%
Gross yield
5.6%
Mortgage payment
$19,910/mo
Down payment
$1,050,000
Loan amount
$3,150,000
Annual NOI
$160,032

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.