11470 172nd Place N
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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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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2024 | Sold | ||
| Sold | |||
| Nov 17, 2022 | Listed by Illustrated Properties LLC (Jupiter) | $2,095,000 | |
| Listed by Illustrated Properties LLC (Jupiter) | |||
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Exceptional opportunity to own the best 10 acre lot in the ranch estates of Rocky Pines in Jupiter, and one of the best 10 acre lots anywhere in Palm Beach County! Enjoy unparalleled PRIVACY, SECLUSION and TRANQUILITY amidst a beautiful mature tropical landscape at the end of a paved dead-end road, backing up to a preserve to the West and a canal to the South. You will fall in love; endless possibilities to develop a family compound, a luxury resort estate, equestrian center, farm, botanical garden, nursery, permitted business or all of the above high and dry property with full 10 acres useable providing great versatility. A nature lover, gardener and equestrian's PARADISE. Fully fenced, with motorized gate and irrigation system. This property is truly 10 acres of paradise! The property boasts hundreds of mature palm trees of dozens of different species, a clumping bamboo forest rivaling public botanical gardens, and a beautiful native forest preserve-like setting with hiking trails, picnic areas and a tiki hut in the rear of the property. Only half a mile off the Indiantown Rd with easy direct access to world-renowned Jupiter beaches, golf courses, and Jupiter inlet with offshore fishing. Close proximity to the new location of Busch Wildlife Sanctuary on the corner of Rocky Pines Rd and Indiantown Rd opening in 2023. A horse trail in the rear of the property for rides to Riverbend Park's miles of equestrian trails, biking trails and the Loxahatchee River. 5 minutes to I95 and the Florida Turnpike and 25 minutes to Palm Beach International Airport door-to-door. A-rated Jupiter schools. A rare treasure offering unrivaled combination of privacy, natural beauty and central location minutes to all the attractions and amenities of Jupiter and Palm Beach County. A unique opportunity unlikely to be repeated. Current (2022) survey available. Zoned Agricultural Residential (AR10). The property currently enjoys agricultural tax exemptions due to on-going nursery operation.
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| Feb 23, 2022 | Sold | ||
| Sold | |||
| Feb 20, 2004 | Sold | ||
| Sold | |||
| Apr 12, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017