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118 Banyan Circle
About This Property
One of the best priced single family homes in Jupiter. Perfect starter home or investment property. No rental restrictions. CBS construction and accordion shutters.
Open plan living room/kitchen opens to the 24' x 12' Fl room. Fl room provides almost 300 sq ft of additional space and is equipped with a bar, power & light.
Nice size fenced rear yard. Plantation shutters. Integral garage measuring 26' x 11' housing the laundry with a double width driveway. Additional, gated off road parking hard stand to one side. The electric panel was updated and expanded to 2 KW. Freshly painted outside. The AC has had a new condenser and coil in the past 2 years. The HOA does not require an application. Current dues are $402.08 per 1/4 ($135 a month) and includes Xfinity cable & internet and access to the community pool and park. 2 dogs, 2 cats allowed. No commercial vehicles or boats. Total sq feet noted includes Florida room and garage.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 1, 2022 | Sold | ||
| Sold | |||
| Oct 12, 2022 | Listed by Jupiter Lighthouse Realty Inc | $399,950 | |
| Listed by Jupiter Lighthouse Realty Inc | |||
| Mar 31, 2020 | Sold | ||
| Sold | |||
| Jan 30, 2020 | Listed by Jupiter Lighthouse Realty Inc | $245,000 | |
| Listed by Jupiter Lighthouse Realty Inc | |||
| Apr 15, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017