1100 Kriss Lane
About This Property
Greenwood Cove is an excellent family neighborhood. This home boasts plenty of space and a large yard. ''Center Street is one of the original Jupiter streets, and one of the communities located adjacent to it is Greenwood Cove. If real estate is all about location, location, location then this spot in central Jupiter real estate would rate very highly. The community is squarely in the middle of the Town of Jupiter which means all the schools are A-rated Jupiter schools. Jupiter Elementary and Jupiter High School are less than 2 miles away and Jupiter Middle School is about 3-4 miles away.'' This home was appraised at $575,000, needs some love, and is priced to attract multiple offers above the asking price.
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017