116 Lighthouse Drive
About This Property
desirable enclave located on the southern tip of Jupiter Island. Minutes to Beach, Marina & Inlet. The living area included great room with French oak flooring soaring ceilings & many windows for a light bright open concept. Grand Primary bedroom with EnSuite Bath is privately situated. The upper level also boasts French oak wood floors enhancing a 2nd Primary Bedroom with EnSuite Bath plus two generously sized Bedrooms/Bath.4th Br can also be office/bedroom. Jupiter Inlet is an exclusive town of 240 homes bordered by the Atlantic Ocean, Jupiter Inlet & Intracoastal.Buy NOW WILL NOT LA The town offers beach access for all homes and this homesite is located near the northern path to the ocean.The town is surrounded by the Atlantic Ocean, Jupiter Inlet and Intracoastal waterway.Jupiter Inlet Colony is Jupiter Island's best kept secret. The community has 240 residential single family parcels, one way in and out its own police department. The town is nearby Jupiter, Florida where it awaits requiring no sacrifice for convenience. A top destination for tennis and golf. Jupiter is home to some of the most renowned golf courses in the country. The historic Jupiter Inlet Lighthouse and Juno Pier are testaments to the community's long-standing relationship with aquatic pursuits...world class diving and fishing await just offshore. Minutes from Palm Beach International Airport and Stuart Jet Port .For those placing an emphasis on a private, pastoral setting within close proximity to the amenities of an idyllic community like Jupiter, Florida this is an unparalleled offering.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2021 | Sold | ||
| Sold | |||
| Feb 20, 2021 | Listed by Douglas Elliman Jupiter | $3,999,000 | |
| Listed by Douglas Elliman Jupiter | |||
| Mar 5, 2018 | Sold | ||
| Sold | |||
| Jan 8, 2018 | Listed by Douglas Elliman Jupiter | $1,774,000 | |
| Listed by Douglas Elliman Jupiter | |||
| Sep 11, 1996 | Sold | ||
| Sold | |||
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About Jupiter Inlet Beach Colony
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017