113 Olympus Way
About This Property
The home comes furnished, turnkey and its move in ready for the upcoming season and to live your best life in the amazing beachside town of Jupiter, Fla.
The home was renovated in 2023-2024 with these additional highlights:
"New kitchen with built in commercial refrigerator, Bosch induction range with hood, Bosch island microwave, new dishwasher and all new high-end cabinetry, quartz counters and backsplash. A large island with quartz and seating was also added
"Hidden pantry with shelved murphy door
"Renovated master bedroom with spa bathroom and luxury closet including a washer and dryer
"Impact windows added throughout the house (with the exception of the large back window)
"New impact front door
"House painted inside and out
"Updated front entry to modernize the house and curb appeal
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017